Favorite team:LSU 
Location:Texas
Biography:
Interests:
Occupation:Banking
Number of Posts:48
Registered on:3/28/2020
Online Status:Not Online

Recent Posts

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re: Now that interest rates are going up, will the yield on savings accounts go back up too? - Waterloo
CD/Deposit/Savings Rate are all based on market interest rates (Fed Funds/Treasury Rates) really unrelated to profitability/earnings. We are still at historically low interest rates which means the CD interest is inherently low too. Those CD rates should come up later this year when the Fed bumps up...
Posted on Money Talk
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re: Now that interest rates are going up, will the yield on savings accounts go back up too? - Waterloo
As you said, hard to say but potentially. CD laddering is the best way to lock in higher earnings while still having access to capital. As interest rates increase, so does the Bank borrowing rate - if a certain bank isn't well capitalized meaning they can't lend via deposits, sometimes they will thr...
Posted on Money Talk
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re: Now that interest rates are going up, will the yield on savings accounts go back up too? - Waterloo
Most banks (not all) will lag bumping up the deposit/savings yield. They increase the rates on their loans, lag the rate on deposits and capture the wider spread. Typically they do this till the customers start to balk at it. The answer to your question is yes, but watch it happen slowly. ...
Posted on Money Talk
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re: Locking-In Interest Rate (Home)? - Waterloo
My thoughts as well....
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re: Locking-In Interest Rate (Home)? - Waterloo
My advice, don't lock in a rate until you're under contract on a house. If you lock in prior to being under contract, they will charge you fees to extend the lock. Follow the treasury rates closely during the process....
Posted on Money Talk
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re: What to use to kill Asian Jasmine - Waterloo
I just removed a bunch. I hit it with weed eater to open up stems then sprayed a vinegar solution to weaken it. From there it's back breaking shovel work. Pry up those roots and pull it up like a carpet! Make sure completely turn the dirt and get it all out so it doesn't try to come back when you l...
Posted on Home & Garden
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re: Robinhood hacked - 7 million users’ data stolen - Waterloo
We don't negotiate with terrorists, unless of course they want to buy our order flow....
Posted on Money Talk
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re: How would you have done it? Guy catches gator in a trash can - Waterloo
Would've set up the trash can on a propane burner tossed in some lemons, sausage all the fixin's and invited everyone over....
Posted on O-T Lounge
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re: Which one of yawls kid is this? - Waterloo
[quote]78 on the field, 278 on the scale, number 1 in your heart. FIFY[/quote] #1 on your girls speed dial...
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re: Which one of yawls kid is this? - Waterloo
[quote]He runs a 4.2 40![/quote] [img]https://assets.sbnation.com/assets/2221407/lol40.gif?_ga=2.145669620.1912387549.1632412875-1039637403.1632412875[/img]...
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re: Which one of yawls kid is this? - Waterloo
78 on the field, 278 on the scale...
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re: 20% down on a house or save your cash? - Waterloo
Yes, depends. Nuts and Bolts: If you're saving more than PMI and generating a return on those savings above your interest rate, it's viable. Personally, despite low interest rates, pay that shite down as fast as possible and tap on a HELOC if you really need the cash down the road....
Posted on Money Talk
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re: Asian Jasmine and spreading - Waterloo
I just finished pulling all of my jasmine up for this exact reason. ...
Posted on Home & Garden
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re: Paging O-T Mechanics - Waterloo
If it's misfiring and idling at high RPM it's likely your ignition coil/spark plug as mentioned. Limp it over to advanced auto - have them pull the code and replace yourself. You will need to buy a spark plug socket but it's really pretty simple. Typically it's just one or two coils that have gone b...
Posted on O-T Lounge
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re: Best all out vine/shrub killer? - Waterloo
I just took on a bunch of ivy and jasmine. Took a shovel to the edges, lifted up some roots and spray a concentrated vinegar waters solution. 6 hours later, brown and loosened up. Then come back in and use the shovel to leverage up the roots. Rolled it up like a rug....
Posted on Home & Garden
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re: Wells Fargo LOC Closures. Cause for concern? - Waterloo
Bank wide loan/deposit ratios are suffering with influx of cash and debt payoffs - banks are hungry for loan growth so I don't see 'tightening'. The latter is likely the case in addition to rebalancing buckets as commercial loans tail off....
Posted on Money Talk
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re: Austin Recommendations - Waterloo
Are you wanting to stay out that direction or fight your way downtown? If you are staying at BC and want live music and dinner - one spot on southwest parkway Shore Raw Bar and Grill is a mix between Cajun Texan and Mexican and does Zydeco one night and Country the next night. Another spot out th...
Posted on Travel Board
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re: . - Waterloo
Ok c'mon where all my fat bois at?? I know some y'all heart rate elevates to 90+ just to hit the fridge for a snack. ...
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re: What is the most valuable skill your old man taught you? - Waterloo
Best gift I ever got was the "Figure it out" mentality....
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re: If you were going to choose an alias, what would it be? - Waterloo
Cam Brady - Greasy local politician...
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