High yield savings, money markets, CDs, or T bills?
Where all my cash hoarders at and where do you park your savings?...
Where all my cash hoarders at and where do you park your savings?...
About a year ago I hired a financial planner to manage assets in my retirement accounts but am starting to think about doing it myself....
I'm in an extremely fortunate position where my Mom, upon learning about current mortgage rates and why I haven't bought a house yet, wants to essentially be my bank to buy a house. As in, she wants to fund the house, put it in my name, and I pay her a reasonable down payment and pay a "mortgage" to her at 2-3%. So what would be...
Looking to pay off $15k of student loan debt of my partner. It’s something we could wipe out with cash on hand if we wanted to relatively quickly. But one of the loans is 4.5%. Am I better off just riding that out but keeping the cash in for that loan in a HY savings account or keep reinvesting it in short term CD’s that...
when i do A for long enough and my overall net worth comes close enough to zero, i switch to B and am only sometimes capable of wrangling it in...
So for our kids, who are still quite young, instead of opening an entire other savings account for them, we decided to do “virtual” savings accounts....
I recently started giving plain text accounting a go. For a long time I did not do any accounting, as my income was high enough to get by perfectly fine, but recently I wanted to get a lot more control over my personal finance in order to easier achieve more long term financial goals....
This is technically a question specific to Canada but maybe it can be applied to other countries as well....
cross-posted from: lemmus.org/post/167976...
They are keeping this quiet, but this affects 2.9% of US bank customers.
I’ve been using You Need a Budget for family budgeting and I like it but it is expensive. I’ve played with Buckets a little bit and looks like a contender. Anyone move from YNAB to Buckets?
Curious to see how the community deals with this kind of situation
I have a comprehensive financial plan and look to have up to 48k in about one years time saved. With 16k on hand after paying off my student loans this October which will likely start the one year plan....
Looking for a brokerage with functional, individual API access to, at least, account positions, balances, and equity/fund/bond prices. Used to be happy with TDA, but they got bought by Scwab, whose API has been “pending” for six months.
In the US, if you make a lot, are covered by a work retirement account or you contribute to a Roth, you can’t deduct traditional ira contributions right?...
First time poster! Outside of my retirement account provided by work, I’m just beginning to get brave enough to move other money around. I’m very late to the game and pretty scared of gambles....
My family needs a second car. I’m thinking about a used Chevy Bolt or Nissan Leaf so I think the cost will be about $20,000....
The 30-year fixed-rate mortgage averaged 7.09% in the week ending August 17, up from 6.96% the week before. Rates have been above 6.5% since the end of May and climbing higher since mid-July. This week’s average rate is the highest the 30-year, fixed-rate mortgage has been since April 2002 when it was 7.13%.
So i got into a disagreement with ChatGPT about whether you earn more interest overall if you contribute daily rather than monthly, if the overall contribution over 1 year is the same....
can someone explain leverage to me as practised by those RE bullshitters finfluencers. I feel their whole spiel is just bullshit but I don't know enough to be sure about it....
In September, Hyundai and Kia issued a recall of 3.4 million of its vehicles in the United States with an ominous warning: The vehicles should be parked outdoors and away from buildings because they risked catching fire, whether the engines were on or off....