View in: Desktop
Copyright @2023 TigerDroppings.com. All rights reserved.
- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Posted by
Message
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by ronricks 
on 3/7/23 at 9:20 am to SpeedyNacho
on 3/7/23 at 9:20 am to SpeedyNachoquote:
Robinhood
Wouldn't care if they were offering 10% I would never do business with those crooks.
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by HailToTheChiz 
on 3/7/23 at 9:36 am to ronricks
on 3/7/23 at 9:36 am to ronricksYep. Didn't they freeze everyone's account a year or two ago?
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by ronricks on 3/7/23 at 9:37 am to HailToTheChiz
on 3/7/23 at 9:37 am to HailToTheChizquote:
Yep. Didn't they freeze everyone's account a year or two ago?
Froze accounts and disabled withdrawals etc.
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by bbap on 3/7/23 at 10:09 am to I B Freeman
quote:
i don’t understand this fascination with bank CDs and savings accounts.
T-bills are paying 5% and can be easily purchased from your stock broker or thru treasury direct. Treasury direct deducts the purchase from the bank account you designate and deposits the proceed in the same account.
I agree but some people just may find it cumbersome to open "another" account.
I disagree with that sentiment, I'm just guessing that's part of it.
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by AmosMosesAndTwins 
on 3/7/23 at 12:08 pm to bbap
on 3/7/23 at 12:08 pm to bbapquote:
quote:i don’t understand this fascination with bank CDs and savings accounts. T-bills are paying 5% and can be easily purchased from your stock broker or thru treasury direct. Treasury direct deducts the purchase from the bank account you designate and deposits the proceed in the same account. I agree but some people just may find it cumbersome to open "another" account. I disagree with that sentiment, I'm just guessing that's part of it.
I set up an account after reading this thread and made a purchase, was a breeze.
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by 98eagle 
on 3/9/23 at 9:40 pm to Jag_Warrior
on 3/9/23 at 9:40 pm to Jag_WarriorI don't believe it is very smart right now to invest in short term treasury bills. If the debt ceiling is not raised the Treasury will not be able to pay all of it's massive obligations, which include maturing T-bills. There would likely be a massive sell off of ETFs, etc that include Treasury Bills. Do a simple search yourself and read the potential danger.
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by wileyjones on 3/9/23 at 9:41 pm to 98eagle
quote:if the us defaults on treasury payments it’s going to be Armageddon
If the debt ceiling is not raised the Treasury will not be able to pay all of it's massive obligations, which include maturing T-bills
ain’t gonna happen
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by 98eagle on 3/9/23 at 9:44 pm to wileyjones
on 3/9/23 at 9:44 pm to wileyjonesI agree it would be a massive hit to the economy. Does that make it less likely or more likely to happen in today's world of insanity? Do you think the Treasury would pay maturing T-Bills over delaying Social Security payments as an example or would T-Bills be lower on the totem pole? I think I know who would get shafted.
How Worried Should We Be If The Debt Ceiling Is Not Lifted?
How Worried Should We Be If The Debt Ceiling Is Not Lifted?
This post was edited on 3/9 at 10:01 pm
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by Jag_Warrior 
on 3/9/23 at 11:06 pm to 98eagle
on 3/9/23 at 11:06 pm to 98eaglequote:
I don't believe it is very smart right now to invest in short term treasury bills. If the debt ceiling is not raised the Treasury will not be able to pay all of its massive obligations, which include maturing T-bills.
In the (VERY) remote possibility that the United States Treasury defaults on its debt obligations for any lengthy period of time, there’ll be much greater things to worry about than some missed interest payments. That would make 2008-09 look like a picnic on a sunny day.
If you’re truly concerned about treasuries, you might want to empty your bank account too… with the ensuing bank failures and freezing up of the financial system, you might as well forget about the FDIC as a going concern.
I’ve got plenty of deer out at my place. So I’m willing to share the venison with any of you fellers.
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by 98eagle on 3/9/23 at 11:15 pm to Jag_Warrior
on 3/9/23 at 11:15 pm to Jag_Warriorquote:
If you’re truly concerned about treasuries, you might want to empty your bank account too… with the ensuing bank failures and freezing up of the financial system, you might as well forget about the FDIC as a going concern.
Agree. I'm off to rewatch some old episodes of Doomsday Preppers, LOL.
TD Sponsor
TD Fan
USA
Member since 2001
TD FanUSA
Member since 2001
Thank you for supporting our sponsors Posted by Site Sponsor to Everyone
to EveryoneAdvertisement
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by tigersmanager 
on 3/10/23 at 9:13 am to 98eagle
on 3/10/23 at 9:13 am to 98eagleswitched to this a couple months ago had chase savings wish I would've done sooner very easy and nice to earn a little
quote:
Brother if that happens you better be invested in canned goods and shotgun shells.
I have invested in those as well it’s cheap insurance. I am curious where these rates end up by years end. I wouldn’t be surprised to see 4.5-5% on these high yield savings accounts and short term cad rates in the 6-7% range. I am liking this rate uptick it’s like having a rental property without the headaches
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by Topisawtiger 
on 3/10/23 at 7:34 pm to bayoudude
on 3/10/23 at 7:34 pm to bayoududeRates are already that high. I'm getting 4.55% APY at UFB Direct. They have been raising their rates shortly after the feds raise theirs and are always near the top interest wise.
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by kywildcatfanone 
on 3/14/23 at 10:21 am to Topisawtiger
on 3/14/23 at 10:21 am to TopisawtigerSo, what is better here. A HY Savings account or buying some kind of bonds if you only want your money tied up for a short period of time before you can access it, say 6 months? And when I say access it, not that I would need to, but if I needed to.
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by Jag_Warrior on 3/14/23 at 11:30 am to kywildcatfanone
on 3/14/23 at 11:30 am to kywildcatfanoneWell, what kind of yield are you looking at for a fully taxable HY savings account? A 26 week bill was around 4.75% as of yesterday, plus you don’t pay state or local taxes. Although both are liquid, with the t-bill, I’d make sure that I was comfortable having the money potentially tied up for the full term.
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by kywildcatfanone on 3/14/23 at 12:59 pm to Jag_Warrior
on 3/14/23 at 12:59 pm to Jag_Warriorquote:
Well, what kind of yield are you looking at for a fully taxable HY savings account? A 26 week bill was around 4.75% as of yesterday, plus you don’t pay state or local taxes. Although both are liquid, with the t-bill, I’d make sure that I was comfortable having the money potentially tied up for the full term.
I'm not certain, kind of why the question. If you wanted to park say $50K for a while, which would be better overall, a HY Savings account or some kind of t-bills? I don't need the money to live on, but also don't want to not be able to get it in a reasonable amount of time should I need it. That's what I'm wondering is the best overall bang for the buck.
I made $4 interest in my regular savings account all last year.
Looking for better options.re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by bbap on 3/14/23 at 1:02 pm to kywildcatfanone
i would get a t-bill from either schwab or fidelity. That way you get the better yield, but worst case scenario if you need to sell it before maturity you could.
Of course, it's possible you may have to sell it at a loss so i'd definitely not park any money in tbills that you think you may need before maturity.
You could also just buy shorter term tbills if you are that worried about it.
Of course, it's possible you may have to sell it at a loss so i'd definitely not park any money in tbills that you think you may need before maturity.
You could also just buy shorter term tbills if you are that worried about it.
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by VermilionTiger on 4/5/23 at 10:31 am to VermilionTiger
on 4/5/23 at 10:31 am to VermilionTigerIt increases to 3.50% today
re: Capital One 360 Performance Savings - UPDATE: 4.00% APY as of 06/03Posted by tigerbrauf on 4/5/23 at 12:22 pm to VermilionTiger
UFB Preferred Money Market up to 5.02%
Make the most of your money and earn up to 5.02% APY* on all balances. UFB Preferred Money Market offers the security of a savings account with check-writing privileges.
Make the most of your money and earn up to 5.02% APY* on all balances. UFB Preferred Money Market offers the security of a savings account with check-writing privileges.
Page 7 of 9
Popular
Back to top
Follow TigerDroppings for LSU Football News