Miscellaneous
Latest Discussions
"Narrative Economics," Robert Shiller
Robert Schiller (Sterling Professor of Economics at Yale University) has a new book coming out on October 1.
"In a world in which internet troll farms attempt to influence foreign... read more
Article On A Cashless Society
https://finance.yahoo.com/news/savings-risk-cashless-world-coming-144512361.html... read more
Scary Thought On This Article. US Loses Control Of Drug Supplies
https://www-nbcnews-com.cdn.ampproject.org/v/s/www.nbcnews.com/news/amp/ncna1052376?amp_js_v=a2&_gsa=1#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=http... read more
Lake Michigan's Reward Checking Account
10 debits for any amount used as a debit or credit, look at account 4 times a month on line and a direct deposit. 3% on up to $15,000. Open to anyone. I have had this account since... read more
Time For Action
Given the various (identical) negative experiences shared by a number of applicants and potential entrapment by the bank (as clearly the bank is not interested opening the accounts... read more
Regulators Are Questioning This Fintech (Betterment)
Scary... Wealthfront is also on its radar. They all use real banks to hold your money.
https://www.cnbc.com/amp/2019/07/24/betterment-faces-questions-from-regulator-after-launchin... read more
Seamless Wealth Transfer
Some good news, for a change . . .
If you find yourself in the fortunate/unfortunate position as sole beneficiary of a significant inheritance, I'll spare you my trial & error... read more
Fed Question
I am not an economic guru but during hard economic times doesnt the Fed try reducing interest rates to spur the economy forward?
The question is: If rates are already rock bottom... read more
Rewards And Kasasa Checking Tip
Sometimes you find that you have miscalculated how many charges you have done to meet the Rewards or Kasasa checking or savings requirements and you need one or two more charges. U... read more
Still A Good Choice For Idle Money
The Fed in an attempt to save face for overly aggressive rate hikes, has followed through with the anticipated rate cut of 25 bps. And of course we all know of the preemptive cut a... read more
Navy Federal Customer Service
I was impressed. Just joined up last week, and had a question or two. The phone tree is relatively simple, and the CSR (who answered on the first ring) helpful.
First impressions... read more
Poll: Joining Multiple Cus Worth The Ding To Your FICO Score?
I joined a number of CUs recently, and saw my (normally excellent) FICO score drop 18 points this latest time due to no other changes I can see, except I joined a lot of Credit Uni... read more
TD Ameritrade Bonuses For Existing IRA Holders
I got an email from TD Ameritrade (not TD Bank) with a bonus offer for existing IRA customers. Bonuses for existing customers are much less common than those for new accounts. The ... read more
Rmds And Ewps, It's A Minefield Out There
I previously posted on the confusion among bankers as to the various provisions regarding the waiver of the EWP for RMDs from IRA CDs. Well, friends and neighbors, today was classi... read more
ACC Annoyance
ACC (American Consumer Council) membership has been my entryway into at least two credit unions within the last year. But the ACC is associated with many credit unions. They a... read more
ACH Limits
OK - can use some verification or input on my experience here.
Just did an ACH transfer to Andrews for $100K from ALLY. Later, I saw a post that talked about Andrews had... read more
Discovered Today That A CD I Renewed At The Same Credit Union Did Not
retain the beneficiaries. Make sure you get the confirmation of your beneficiaries when you renew or turn over a CD for a different term.... read more
TBK Bank With Branch In Dallas
This bank is mentioned in Ken's summary of CD rates.
I have not been able to pinpoint it, but there is something ODD going on here. I called mid-week to ask about opening a CD, an... read more
Having Resigned Myself To A Rate Drop
The "canary in the coalmine" (VMMXX) having turned, along with other markers, I guess it's time to look seriously at somewhat longer CD rates. I recently renewed a maturing IRA CD ... read more
CD Rates Summary Of Tuesday Has Erroneous Listing For Top 3-Year CD
I noticed in yesterday CD Rates Summary, the top listing for a 3-year CD is erroneous. It lists Veridian CU as offering a 41-month CD for 3.25% APY. No, that rate was some time bac... read more