Miscellaneous
Latest Discussions
Whatever Happened To Our Rising-Rate Environment?
Today was emblematic, with the yield on the Ten-Year plunging (again) to a near-term low, settling at 2.16%. For those keeping score, the Ten has shed some 46 bps since it hit a ne... read more
When Depreciation Goes "Poof"
Many DA readers own alternative investments (i.e., other than CDs). For those who own real estate investments, such as a condo or house rented to others, depreciation is factored i... read more
A Study In Fine Print
Well, readers of DA have long assumed PenFed allows partial withdrawals from IRA CDs for those over 59 1/2. Or is this just an urban myth? I remember reading the terms and conditio... read more
Rate-Lock Options: Thinking Outside The Box
The recent pulling of Patelco's 2.75% 5-year CD rate got me to thinking. What if I had been able to "lock" the rate by purchasing an option. For example, a "hot deal" appears on DA... read more
Help In Evaluating User Comments Of A Specific Bank Review On The Site
Related to the bank reviews here at depositaccounts, I wanted to ask your
advice in how to evaluate the comments by others as part of the reviews.
Specifically am asking about com... read more
Door May Be Closing At NFCU - Already Closed?
The Navy League San Diego Council entryway into NFCU may be closing. In fact, some are saying it already is closed, the door having swung shut yesterday:
https://creditboards.com/f... read more
Privacy Awareness Week: A Time To Learn
This is an article from the CONSUMER TRADE ASSOCIATION shared by the CONSUMER PROTECTION AGENCY that I thought might be of interest to DA readers. Am printing the link because the ... read more
Why Is Ken Not Smiling?
To lighten the mood a bit, has anyone else noticed Ken Tumin's picture on the web-page? Not the hint of a smile. He looks almost pained, as if someone just announced ZIRP. Tight li... read more
Morgan Stanley Drops Vanguard
https://finance.yahoo.com/news/morgan-stanley-drops-vanguard-mutual-funds-002226295--sector.html
Cynic that I am, I suspect the real reason is that Vanguard won't pay commissions.... read more
Trump's Tax Proposal: Thoughts For DA Readers
While merely a one-page synopsis of talking points, the Trump proposal revealed today may have relevance for DA readers. Initially, it proposes a massive reduction in Federal tax r... read more
If You Get A Call From The IRS
We were always advised that, if you "get a call from the IRS", it's a scam.
Well, there's a new wrinkle. The IRS has recently contracted-out its debt collections to private contr... read more
My Pet Peeve: Online Truth-In-Savings Disclosures (Or Lack Thereof)
As I've noted today over at the Blog, and many times past in both the Blog and this Forum, one of my pet peeves is when a financial institution makes it difficult, or even impossib... read more
Watch Out For Treasury Auctions Starting April 24 -- Might Be Cancelled Or Postponed
I am concerned that the U.S. Treasury 2-year, 5-year, and 7-year auctions scheduled for April 25, 26, and 27 are likely to be cancelled or at least postponed because they all have ... read more
Are FDIC/NCUA Coverages Relevant These Days?
Here's a radical idea, sure to spawn controversy. For years and years, we have been led to believe that FDIC/NCUA insurance was vital. Accordingly, we were advised never to exceed ... read more
SACU Is Now Credit Human
Just got in a notice of name change.
-from their web site:
Is anything else changing?
At this time there is nothing else changing – it’s simply a new name. Check SACU.com/CreditHu... read more
TD Ameritrade Callable CD Offering
Another competitive new issue CD via TD Ameritrade.
The interest rate is 2.60%, payable monthly. The term is 69 months.
This is a conventional type CD, but with a Call provision... read more
No State Income Tax On Social Security In California
One of the best-kept secrets among retirees. Despite California's horrific marginal tax rate on high earners, folks drawing Social Security get off scot-free. As in zero state inco... read more
Penfed/Valor Nexus Can Result In Unanticipated Benefit For Seniors
Valor has now been subsumed into PenFed. For senior citizen Valor members there might be a hidden benefit:
Under the old Valor rules, seniors were entitled to paper statements fre... read more
Purepoint Financial Emergence Reveals Epic Alliant Fail
Alliant Credit Union is among a handful of financial institutions used as a hub by many who take a "hub and spoke" approach to managing their money. Another example of a popular hu... read more
The Impact Of The AHCA Failure On Deposit Rates
As most witnessed since the election, bond rates (and, to a degree, CD rates) increased in a burst of optimism. Now, with reality sinking in, should DA readers lock in the best lon... read more