Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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#17
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Hard to believe this was missed by someone...are they giving us new calipers/shoes?
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#18
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I have heard it takes a master cylinder to activate them, I am only an apprentice cylinder
Last edited by MartinSE; 07-20-2022 at 03:09 PM. |
#19
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Banks have a nice way now to make money. Take in deposits pay almost nothing and use the money to fund mortgages and loans.
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#20
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#21
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Wells Fargo offered us 3% 1 year CD. Thought it was too good. Per broker we could get it if we opened brokerage account. PASS
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#22
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I bonds
Right now IBONDS are over 9%.
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#23
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Getting 3.35% on a Fidelity two year CD.
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#24
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I just started my research on IBonds. I was wondering if it was a good investment.
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#25
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I personally would like savings rates at 0.2% and inflation at 2% vs 1.2% and 9%. But that’s me.
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#26
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Keeping ALL of your hard earned cash savings in a bank savings account is a joke. The interest the banks are paying is an insult. I would only keep a enough cash in a bank savings account to access in case of an emergency. Open a brokerage account with TD Ameritrade, Fidelity, or Schwab. Theres a municipal Bond Fund that trades like a stock and pays approx. 5.7% annual interest FEDERAL TAX FREE. Best of All, pays a monthly interest on the first of every month. Yes, the Bond price goes up and down. But really, 5.7% Fed tax Free and a monthly payout. I have been following this Municipal Bond fund for 7 years. I truly believe it's a great fund that should be in your portfolio. Check it out the symbol is IIM.
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#27
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My current rate at Ally is 1.24%. I’ve been happy with my savings account. I added a checking account there after moving from the Chicago area. My main account is with Chase and I lived somewhere with no Chase ATMs. Ally reimburses ATM fees so it’s handy sometimes to stop for cash at the postal box area. There app is very nice. It’s super easy to transfer money around, including to and from my Chase account.
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HospitalCoder |
#28
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#29
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Ibonds are a good investment but limited. Max is $10k (per person per year). You cannot cash the bond before 12 months from purchase. There's a 3 month interest penalty if you cash the bond prior to 15 months. Of course if you keep the bond beyond 15 months, it continues to earn compound interest. Current interest rate is 9.6% and adjusted every 6 months, based on the current inflation rate. Setting up an account on treasurydirect.gov was straight forward. It took less than 15 minutes. You must link to a bank/checking account for the purchase.
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#30
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An alternative fund would be the Vanguard Tax-Exempt Bond Index Fund Admiral Shares, which has an expense ratio of only 0.09 percent. Another alternative is the Vanguard Long-Term Tax-Exempt Fund, which has an expense ratio of 0.17 percent. These are not a closed end funds, so you can buy new shares directly from Vanguard, with no commission. To me, the Vanguard funds are a better alternative for a tax exempt investment. Vanguard also has three other tax exempt bond funds. Comparing the total returns for IIM and the two Vanguard funds, IIM performed slightly better than the Vanguard index fund, but not as well as the Vanguard long term fund. |
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