14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Here are a few options from vanguard. Usually they have super-low expense ratios and hence better yield. But you will have to open an account with vanguard.
4.06% yield and most of it seem to be...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Just doing the math, so $1000 in Tbills of about 4.2% after 8 weeks is about $6.46 right?
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
found information on yahoo finance. Current rate is 4.36%
https://finance.yahoo.com/quote/swvxx/
Don't understand why not on schwab site.
Not easy to find this thread anymore if not bookmarked....
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Not sure what the status of "FCASH" is. Is that the Fidelity cash position? Fidelity allows you to change your core position and use one of their treasury MM funds (in which case it will not be FDIC...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
https://youtu.be/GG86mhOGjB8
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
To be completely accurate, Fidelity, Vanguard, TD Ameritrade all dont charge commissions for NEW treasury bills and notes. They do charge commissions to trade for existing treasuries.
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
This is a loaded question.
For starters, don't think of Treasuries like a CD. They don't pay interest (they do, in a way).
Treasuries are bonds. If a treasury pays X% interest you would...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
You can get 4.25% with Schwab MM funds. You don't get the tax benefits like tbills, but still a better deal than this one considering the flexibility. The yield/dividend on swvxx (Schwab MM funds)...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Interesting fact The interest rate in the Republic of Kazakhstan is 16.75% Any one have connections with Borat. ..😉
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
So basically no penalty if you withdraw the 1st of the month?
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
The easiest way to buy treasuries is through a brokerage. I use Fidelity. They don't charge any commissions for treasury bonds.
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Thank you for all the information!
The Sallie Mae rate may not be accurate today. When you click on it it says the rate is accurate as of the middle of November when rates were higher in general....
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Yeah, I head they also do auto-laddering. Thanks!
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
https://thefinancebuff.com/treasury-bills-cd-money-market.html
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Is this the best we can get now?
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
I feel it necessary to comment on all of these short-term CD deals that US treasuries pay better interest rates. 1 year treasuries are currently yielding ~4.7% and that income won't be subject to...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
The federal government borrows money by selling treasury bonds. These come in various durations from a few weeks to 30 years. These treasury bonds are very popular with a liquid secondary market...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Here is the Fidelity link
https://fixedincome.fidelity.com/ftgw/fi/FILanding
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
If you have not done so, you can purchase iBond at treasurydirect.gov for up to $10K per person per year. The current yield is 6.89% during 11/1/2022-4/30/2022. The dividend is paid and taxed when...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
you should be able to.. check and see in the td account if it is offered as commission free
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Trust accounts or personal savings accounts only?
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Sounds like a decent place to park for now.
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Can we get it directly from Sallie Mae?
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Can these 1-year treasuries be used for organizations like Home Owner Associations?
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Amazing there hasn't been a collapse yet especially with all the interest the gov't has to pay on their debt now...
Moving funds to a new Fidelity brokerage account from my savings so I can take...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Very true but fyi, joint in a brokerage house is not the same as in a bank. You need two signatures for everything. Either party can not act independently so it depends on what you are looking for.
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Sally Moo Moo says now as it has always mooed ->
Penalties for Early Withdrawal. As noted above, a penalty will be imposed for withdrawals of principal before maturity. If your CD has a maturity...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
i think it's also important to talk about the max contribution of CD vs T bond
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
This is a great thread. Thank you.
Found where to buy the new treasuries directly on Schwab.
My old broker had recommended MM funds like SWVXX but wanted to charge me an advisory fee of 1% so...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
I bought 30 day for 4.2%. I feel like rates will still rise. I have CD's all due this year, Tranches of $10-$50k, Not locking for 90 days or longer until I see 5-6%
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
The government's treasury direct site did crash in the last final days of those 9%+ i-bonds from last fall
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Thanks for your reply, Mark66!
This has been a very useful thread. I am reading up more to learn more.
Kindly correct me if I am wrong.
Unused funds in FCASH account are FDIC up tp $250k.
...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Rate looks good but the way it is structured involves five parties.
https://www.savebetter.com/how-it-works...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
I've posted this before when the rate was lower, but Savebetter.com increased their no penalty Sallie Mae CD to 4.40%. I cancelled my old one and opened a new one.
Savebetter.com has a No penalty...
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Is the account with save better or Sallie Mae?
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Treasury bills are a better deal and are state income tax free. They are paying 4.4-4.6% for 13-52 week terms.
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
series II bonds may be smarter depending on your situation
edit: turns out i am preaching to the choir
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Entities (e.g. governments, nonprofits, corporations) can and do buy treasuries. I can't tell you whether your specific organization can or should hold treasuries.
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
Just hold to maturity to get Par. 26 week T-Bill is paying 4.6% and local tax free.
14 Month No Penalty CD @ 4.40% APY - Sallie Mae Bank by Savebetter
Thread created 01-03-2023 by fgitsin
+41 Score
77 Replies
28,106 Views
they will try (forget try, it is their only option, they can not raise taxes, and they can not stop the fed cheese gravy train, no politician would even dare speak of that) to print their way out....
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