Thanks - more useful than the continuous posts about the savings account rates and money market funds going up a small fraction of one percent.Ally Bank has an 18 month CD for 5%.
Thanks - more useful "To Me" than the continuous posts about the savings account rates and money market funds going up a small fraction of one percent.
Ally Bank has an 18 month CD for 5%.
Checked 7-day Tax Free MMF Rates this morning:
SWTXX 3.43%
FTEXX 3.43%
VMSXX 3.74%
Does income from these go towards MAGI for ACA purposes?
Yes it does. Also for IRMAA purposes.
FZDXX apparently dropped a hair... it was at 4.47% earlier in the week and today is 4.46%.
Maybe a rounding difference.
https://institutional.fidelity.com/...ty-money-market-fund-premium-class-fzdxx.html
What is the advantage in putting $100k into this MM as opposed to a CD?
These MM funds have expense ratios which are not zero.
What is the advantage in putting $100k into this MM as opposed to a CD?
These MM funds have expense ratios which are not zero.
If one is planning to buy equities?
Fidelity says $100k required to initially buy. But you don't have to maintain balances over that?
...
Fidelity says $100k required to initially buy. But you don't have to maintain balances over that?
The MM yield is after expense ratio.What is the advantage in putting $100k into this MM as opposed to a CD?
These MM funds have expense ratios which are not zero.
If one is planning to buy equities?
Fidelity says $100k required to initially buy. But you don't have to maintain balances over that?
What is the advantage in putting $100k into this MM as opposed to a CD?
These MM funds have expense ratios which are not zero.
If one is planning to buy equities?
Fidelity says $100k required to initially buy. But you don't have to maintain balances over that?
Just picked up a few 1 year non-callables in secondary market with YTM of 5.8%
What did you buy? CD? Bond?
I just ordered $5000 of the following CD
(I realize it's callable) By ordering now, am I guaranteed the 5.1% rate on the settlement date of March 7th ?
^^^^
I've got a bunch of them maturing in late March... Hope to re-buy at well over 5% by then.