audreyh1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I don’t know. 5% for a 7 months CD becoming the norm indicates inflation is a bit higher and my other investments have probably taken a huge hit.
VANGUARD TREASURY MONEY MARKET INVESTOR VUSXX
7-Day Current Yield
1.91
Initial Investment$50,000
I don’t know. 5% for a 7 months CD becoming the norm indicates inflation is a bit higher and my other investments have probably taken a huge hit.
PenFed CU now offers Premium Online Savings account at 1.65 apy for $5 min /$100k max.
Do they have any special requirements? Their checking used to require X auto deposits or other hoops.
Are these rates assuming APR or APY?
I opened the Penfed Premium Savings account. I didn't see any special requirements. In the FAQ section it says this account cannot be accessed via ATM. Opening the account is a bit funky. The only choice for funding was fill out a form manually (ugh!) and mail a check or by wire transfer. I tried to just step through the process but in doing so I got the account opened in less than 2 minutes. I downloaded the form but did not fill it out. Then I went back to the main menu and transferred funds from Penfed regular savings.
If they do not offer a good alternative for my 3% CD when it matures in December, this might be a place to park the funds for a while.
NASA Federal Credit Union, 3.25% on 15-month CD. (Also 3.35% on 49-month.) Easy to join, can pick National Space Society as association for free.
NASA Federal Credit Union, 3.25% on 15-month CD. (Also 3.35% on 49-month.) Easy to join, can pick National Space Society as association for free.
I'm tempted to put some of my money market $ into this as I have some old PenFed CD's coming due in December/January.
Link: https://www.nasafcu.com/img/certificate/new/index_member.html
The Space Society membership is free for 1 year. Then it goes to $20, which I suppose one would need to pay for the 15 mth CD. Would translate to .08% on 25k. Still a great net rate.
Penfed has a 2% six month cd.
Per Fidelity, the expected rate on six month Treasury bills at tomorrow's auction is 2.25 percent. And they are exempt from state income tax. You can buy them through Fidelity or the other major discount brokers at no cost.
+1 that is why for the time being I don't mind havings a lot of money parked in VMMXX at 2.11% APR.... its stable, will come close to keeping up with inflation and will probably outperform most broad based bond funds for the next 3-6 months.