Ask The Community
Latest Questions
Brokered Cds
So i am reading Kens articles on Brokered CDs. I am seeing Vangaurd listing brokered CDS by goldman sachs. So do i Have to open a Vangaurd account to get that brokered CD through G... read more
Tokenized Checking Account
Is anyone currently offering a Tokenized Checking account where person's account number is tokenized for Check, ACH and Bill Pay transactions?... read more
5 Year Guaranteed 3.45% Return. What Am I Missing Here???
Like most of you, I sleep well at night knowing that my cash is safe and sound in deposit accounts, most of which were opened a couple of years ago in some great CD's thanks to Ken... read more
Buying An Ibond
Does anyone know if its best to buy toward the end of the month or shortly after the first?
Thanks... read more
Confused About Series I Interest Posting
I purchased 10K of Series I in October of 2021 at 3.54%. It has been 6 months and I calculate the interest to be $177 but when I look at my account it only shows $116. What am I mi... read more
Blue FCU No Online Signup?
I was thinking about signing up with Blue FCU for their accelerated 5% savings account because the tier levels after the 5% rate looked decent as well and no DD requirement. I ran ... read more
Savebetter
The SaveBetter platform features a curated selection of high-yielding products offered by banks in their network. Does anyone feel there is a risk to using a financial technology c... read more
FDIC Information
Maybe this should be on a different forum. I just want to post what I just read on a .gov site about new rules for FDIC coverage.
https://www.fdic.gov/resources/deposit-insurance... read more
Help/Suggestions For Short-Term Deposits (No More 5Yr Cds For Me)
Hi all. For many years I've appreciated Ken's site here and used the information to open up almost exclusively long-term (5yrs+) CDs that are 3%-4% (even Add-Ons) through the years... read more
Airline Flight Bonus Miles..Good/Bad Deal?
From Forbes…
“Bask Bank
According to its website, Bask Bank launched the first online-only savings bank in the U.S. in 1999 as Texas Capital Bank. It is an FDIC-insured institutio... read more
Secondary Treasuries
Here is what is available in common man quantities
11 month 185%
9 month 1656%
6 month 1285%
By comparison
New issue CDs (callable)
1 year 160%
18 month 210%
24 month 265%
I am... read more
Brokerage CD's Vs. Bank CD's
For quite some time it has seemed to me that brokerage CD's were paying less than direct bank CD's so I so I chased CD rates by going to whatever banks were paying the most. Now it... read more
What Should I Do With My CD Proceeds?
6 figures so please don't bring up an ibond
My options---without opening a new account for now seem to be
12 months 1.05% keesler
15 months 1.05% Nasa
18 months 1.15% penfed
2 yea... read more
Ibonds: Can I Start Paying Taxes On Interest In Year 20 Of A 30 Year Ibond, Just Going Forward
I have paper ibonds. I bought them in 2001, 2002, and 2003. I have never paid any taxes on the interest they earn. I never thought about it before this. NOW, starting in 2022, is t... read more
Credit Alert Issues
there are credit alerts, and credit freezes. My understanding is that a FREEZE is like a locked out credit bureau account, but an alert is just an added step to require them to ver... read more
Treasury Buyback Rules
Is anyone familiar with the Treasury buyback rules?
I just ran across this concept. Tried to read and understand what is written over at Treasurydirect.gov, but got nowhere. It al... read more
18 Month Cd Ladder Versus A 5 Year Cd Ladder
For many years I had used a 5 year cd ladder with an equal amount in each year.. This is while I was busy working rather than pondering finances. .Then there came a chance to take ... read more
Northpointe Bank Rate For Real?
I see Northpointe bank is offerring the best rate around at .9% of 6 months on savings. I find no recent reviews. Is this just some come on rate and in 6 months you'll have to chan... read more
Best Bank For Online Savings
What is considered to be the best all around bank for online savings?... read more
Handling IRA CD Distributions/ Rollover Or Trustee To Trustee Transfer??
I would appreciate any advice on a problem I am having for the past two days. My spouse and I have our personal IRAs which have been in CDs in a local bank maturing at the en... read more