CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Paid off my 1M new home to save 6% interest rates, so still doing better.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Just owning a run down entry level home makes you a millionaire these days in California
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Not a deal! Treasuries are paying more than this for any duration between 1 month and 1 year. Treasuries also aren't subject to state and local tax. Treasuries also can be traded on the secondary...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
You might be surprised; everyone likes a deal. :)
You get to be a millionaire by saving -- not wasting -- money. And slickdeals has saved me a bunch over the years. :applause:
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Good for you. :lmao:
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
You do understand that T-Bills are risk free and are extremely liquid, right?
If the US defaults on T-Bills, we'll all be reverting back to hunters and gatherers.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
T bills
CD 10 month 5.30 APY
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Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Why pay a management fee when you can buy 1-3 month treasury bills so easily through any brokerage? Simply a convenience fee/ease of use question?
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Besdies being a clumsy platform so what? Been using it for years I am used to clumsy. My Schwab investments are overly complex (not bonds)
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
I would go with VUSXX. 94% treasury bills. Many of the funds have names that make you think they are treasuries but are repurchase agreements and other fairly safe instruments but taxed at the state...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Brio Direct Savings, a division of Webster Bank, is providing 5.35% APY which comes to 5.22% on their savings account. A good deal on a savings account without getting your money tied down to any...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
If you have a spare million you can throw at this, you’ll make more money doing nothing than most people will make in a year.
CD 10 month 5.30 APY
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Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Yes, definitely.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
You're getting less yield than directly purchasing treasuries and paying a management fee.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Checkout Tfdxx fund. Much better than lock period of 10 months
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Tied more to Fed rate than those things.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
The above is true for Schwab, and hence the reason I don't use them. Use Fidelity (more clunky web site) - they keep your money in the sweep acct until the T-bill purchase clears for the 3-5 days it...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
The treasury thread is very helpful and detailed. You can buy at auction directly from treasury direct or from a brokerage house. Buy and or sell on the secondary market from a brokerage house....
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Also $10,000 minimum.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
I'm not missing that part at all. As a retiree, I'm not necessarily chasing the highest rates, month to month. If I can lock in a guaranteed 5% for five years (or whatever term), I'll gladly forgo...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
No kidding, Sherlock
That is how banks make money
On the spread.
And your point is?
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Much actually came from income. The first million includes housing, which doesn't appreciate on average as quickly as the stock market, so you can imagine our income played a very important role. We...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Based on banks laying people off, I don't think they believe that. Especially not in the short to near term. This has more to do with the Fed Rate, and them wanting new cash to fund their loans that...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Capital one has good CD rates for a larger bank, of course there others with better rates with smaller banks.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
With news today is it better to lock a longer CD? Want to lock in $96k with guaranteed return.
Trying to decide between discover, cap 1 as I bank with them or someone else if better as long as...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Alright, so I’ve got 45k to invest. I’d like to pull it out 12mo from now.. what’s the best route? I almost put it all into Bread CD @ 5.6%.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Thanks OP! Since I do keep some funds at CapOne, this was a no brainer. Thanks for putting this on my radar!
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Top brokered CDs at Schwab today https://client.schwab.com/app/research/fixed-income-hub/#/home
* 6 month 5.52%
* 9 month 5.68%
* 12 month 5.70%
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
I am still have money parked with their 5% 11 month cd until January. Probably the rate will go up then.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Millionaire is really nothing nowadays, and yes, many of them visit slickdeals
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
I just moved our assets to ML Preferred Depoit which is 5.02. Guess I’ll keep moving the money around. Lots of work for around $500 a month lol
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
I can't speak to Schwab. My experience is with Fidelity and TreasuryDirect.
With TreasuryDirect:
I can't buy/sell on the secondary market.
My funds aren't paid interest unless they're invested...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
How is capitalone as a bank I have chase and thinking about leaving
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
You’d be better off with T bill ladder. Why lock away cash for 10 months for 5.3% when T bills make that or more for shorter term PLUS you pay no state taxes!
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
When interest rate increases, the stock normally goes down...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
How does one get started with buying treasuries outside Treasury Direct without a fee? New to this and would like to get set up. Thank you.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
No credit Unions are FDIC insured. They still have the same protection.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
81,733 Views
Treasury bills are a better investment than this. T-bills are paying a higher interest rate than this, so it's an easy decision. If you live in a state or city with income tax, then T-bills are a...
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