Original Post
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Edited July 30, 2023
at 06:06 PM
by
NEW!!! Starting July 31st Standard APY is going up 4.75% that means whoever got in will get 5.5% APY after the boost!
Betterment 5.25% cash reserve account:
https://www.betterment.com/affili...tner-offer
Open your first account and get an extra 0.75% APY for the rest of the year with a qualifying deposit. The current APY is 4.5% for existing customers. New customers get a 0.75% boost on top of that till Dec. 31, 2023. This means before the end of the year if their rate increases, whoever signs up now will get more than 5.25% APY.
Terms and Conditions
If you are a new Betterment client (i.e., you do not have an existing Betterment account), to qualify for an APY boost on your funds held in Betterment Cash Reserve, you must fulfill the offer by clicking on the signup link on the Betterment website, opening an individual or joint Cash Reserve account, and then completing a deposit into the Cash Reserve account within 14 days of opening it (a "qualifying deposit"), inclusive of the required settlement time (typically 2-3 business days).
If you make a qualifying deposit, your Cash Reserve rate will be increased by 0.75% on top of the current standard Cash Reserve rate of 4.50% ("promotional rate") from the date of your initial deposit to your Cash Reserve account through December 31, 2023 (the "promotional period"). Please note that the Cash Reserve APY is variable and only applies to Cash Reserve accounts or goals set to hold cash, not investments. At the end of the promotional period, your interest rate will return to the standard Cash Reserve rate at that time. APY is variable and is subject to change, including the boosted rate offered in this promotion. If you elect to exclude Cash Reserve deposits from one or more participating Program Banks, Betterment is unable to guarantee you will receive the promotional rate regardless of whether you have made a qualifying deposit.
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Got the 26 wk.
I would prefer 5.25
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Yes. I think they have the largest assets under management of any robo advisor in the country. I've used them since 2016. Zero issues.
Got the 26 wk.
Exactly state and local taxes
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I can also afford to live in a high rise condo with direct unobstructed beach view from every room. Property value has gone up drastically too and hasn't slowed down like in the rest of the country.
How about you?
What's the cost of living and life quality wherever you are?
I can also afford to live in a high rise condo with direct unobstructed beach view from every room. Property value has gone up drastically too and hasn't slowed down like in the rest of the country.
How about you?
What's the cost of living and life quality wherever you are?
What's the best places to look for Hawaii real estate?
In terms of Flordia, housing prices has risen significantly so that's a major cost consideration now. On top of that, there's some condo legislation that will make it more expensive to live here, especially if you're in a older building (due to the Surfside building collapse). The final high cost is insurance for both auto and home. Our building got hit with double insurance cost, and that's after a 50% increase last year. I'm not even sure what's going to happen next year. The good news is that, the increase isn't as bad as someone living in a single family home as many of them also faces flood issues.
The other thing, and I'm not sure if it's because I'm in Miami, but the service here is abysmal. Medical care is hard to get good quality service. If you have children, I would not raise a child here.
In short, Florida is awesome, but you're going to pay. Government isn't taking care of the rising insurance cost, but also other factors like insurance fraud/lawsuits. DeSantis is frankly a moron and the fact that he got to power speaks of the people here.
So to answer your question, it's not cheap. It's cheaper than rest of US relative to quality of living. The people here are so so. If you have high income, then tax benefits significantly outweighs the costs.
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What's the best places to look for Hawaii real estate?
In terms of Flordia, housing prices has risen significantly so that's a major cost consideration now. On top of that, there's some condo legislation that will make it more expensive to live here, especially if you're in a older building (due to the Surfside building collapse). The final high cost is insurance for both auto and home. Our building got hit with double insurance cost, and that's after a 50% increase last year. I'm not even sure what's going to happen next year. The good news is that, the increase isn't as bad as someone living in a single family home as many of them also faces flood issues.
The other thing, and I'm not sure if it's because I'm in Miami, but the service here is abysmal. Medical care is hard to get good quality service. If you have children, I would not raise a child here.
In short, Florida is awesome, but you're going to pay. Government isn't taking care of the rising insurance cost, but also other factors like insurance fraud/lawsuits. DeSantis is frankly a moron and the fact that he got to power speaks of the people here.
So to answer your question, it's not cheap. It's cheaper than rest of US relative to quality of living. The people here are so so. If you have high income, then tax benefits significantly outweighs the costs.
Racism against whites is a real thing here, but you are unlikely to experience this to your face unless you are a surfer. This attitude is really only prevalent amongst the lower class.
Probably the only area of real estate to avoid in the entire state is East Big Island. It's cheap for a reason: lava risk and ghetto people (local and transplants).