SDS
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Posts posted by SDS
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37 minutes ago, Nextmanup said:
This makes sense, you would think.
But I had a savings account with Capital One that was still paying the good old .3% interest a while ago. It began life as ING Orange and was the highest paying interest rate savings account on the planet when I opened it.So I go to the Capital One website to play with my account and notice that they are doing a big push to get people to open up new savings accounts---at 3.5% interest. I look at my account (as a long time "valued customer") and assume I am getting that new rate automatically. NOPE!
I immediately opened the new account at 3.5%, and transferred the max they would allow at account start up. After a few days I could get the rest in there, then I closed the old account that paid .3% .
The rising tide may not raise all ships.
I am investigating other accounts as you hear that some pay 5%. The ones that are actually paying 4 or 4.5 or 5, and don't have strings attached, are few and far between, and tend to come from weird places I have never heard of. Not sure I want to open those.
I am about to open another one at 4% though. It's not as simple as putting all the money in 1 account that pays the highest, b/c I'm over the FDIC insurance limits and need to diversify.
same exact story. Started with the ING account, went to capital one, got shafted with 0.3%. Now I’m in the process of moving out. I wouldn’t have looked into this if they just gave me the 3.5% and now they will be losing all my business because because they gave me incentive to look for something else.-
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2 hours ago, zevo said:
Ive been taking advantage of offers for years. Ive opened and closed several credit cards over the years and utilizing them for their cash back bonuses when the spend criteria was met. minimal effort and have earned thousands. I've slowed down quite a bit and use a Wells Fargo active cash for unlimited 2 % for all purchases. We also use an amex blue preferred which gives up 6 % back on groceries and 3% on gas. Those have been the go to cards. As far as savings accounts go pretty much any will have 3.5% and up. I use discover savings that gives 3.75% return currently but you can do better than that.
yeah. I’m looking at a bunch of the same ones you mentioned. It really looks like you need three credit cards to cover all your bases if you want to maximize your returns. Like maybe one for gas and groceries, one for restaurants, and one for everything else. the rewards can really be substantial. -
56 minutes ago, WhoTom said:
Several years ago we opened a high-yield savings account with Citizen's Access, a fully-online bank. (It's affiliated with a brick-and-mortar bank, though, and it's FDIC insured.) At the time, the rate was 2.5%. We put most of our savings there, and then bought two five-year CDs at 3.5%. Over the first couple of years, the savings interest rate kept decreasing, reaching a low of 0.4% before rebounding. (Still a ton better than our credit union, but disappointing.) The current rate on the savings account is 4.75%.
Our Chase Visa card has 1% cash back on every purchase, and 5% on select purchases. The "select" category rotates every three months. In the summer, it's gasoline purchases. If you take your refund in form other than cash (Amazon gift card, etc.), then you get more money than the points would indicate.
If you're interested in safe long-term investments, think about an I-Bond. https://keilfp.com/blogpodcast/i-bond-rate-november-2022-may-2023/
not really thinking about long-term investments, just every day money management. I’ve looked at that citizens savings account. I have one now that can be converted into a much better rate at the same bank, it’s just not the absolute best right that’s out there right now.
I think I’m leaning towards getting one card for every day purchases at 2% and 1 or 2 more that hits groceries, restaurants, and dining. You can’t really get all three at the same time. The Wells Fargo one looks like it’s the most straightforward but I’ve been waiting to get away for that company for years after all the consumer fraud that occurred a few years ago. Citibank has a 2% card to that fits, but the Wells Fargo one has a $200 introduction offer and why would I not want $200? That’s right. Because I hate these people. Lol
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5 minutes ago, muppy said:
what you are mentioning here read as very smart investment strategy.
I'm assuming that the lower yield but guaranteed CD rate offset more volatile uncertain return in your portfolio.
I like the 2% rewards on credit card purchases will help offset the interest charges THEY charge if you keep a balance. The set up of THAT strategy I think might not work for me personally
My families strategy is to
#1 Pay off Credit cards and keep balance as low as possible. Credit bureaus love that
#2. The ideal scenario is to use any credit card. But then pay it off in full every month. Which frees money up for gain instead of paying credit card companies interest.
I guess it depends on your income and how many resources are realistically available at any given time
we have a great financial guy who manages our portfolio (and at a deep discount) because we referred he clients in the past as well as 2 company changes in 2 years in which we followed him to the new company. I'll ask him. Keep him on his toes type question 🙂
No specifics in answer to your do I have any good card set ups question today. But I hopefully will soon. It' an interesting thought
m
I think you misunderstood the question. I’m really talking about the different products that are out there now and if people are starting to take advantage of them.Capital one 360 performance savings account offers a 3.5% rate. Wells Fargo active cash card gives 2% back on everything, however that companies full of thieves. CIT offer is a 5% six month CD.
This could mean real money compared to the 0.1% types of rates we have been getting for 10 years.
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With all of the interest rate changes, I’m looking to shuffle some things around. There are savings accounts with interest rates between 3.5 to 5%. You can get a six month CD for 5%. Cashback credit cards can be had with 2% on everything rewards.
Has anyone started to take advantage of this? Does anyone have a good card set up?
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9 minutes ago, KzooMike said:
I'm going to moving there in a few weeks. Not sure if the group I see on the internet is still very active. It's hard to tell. Any of you members or aware of any groups in that area?
talk to @muppy-
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I finally heard back today and was told I could pass along that everything is fine and they needed to step away to take care of personal items. I am told it is nothing related to the community. No indication when a return might be expected… 👍
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Please PM me privately if you have any updates. This seems to be getting off track
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13 minutes ago, boater said:
Sorry. I'm just loathe to start a new thread. New thread starters get BBQ'd here.
not ones that are a month old. People complain about a new topic when the same topic was made an hour ago.-
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11 minutes ago, boater said:
Poyer is dead to me.
I knew he was a competitor, but I never took him to be a vindictive prima-donna.
https://heavy.com/sports/buffalo-bills/jordan-poyer-instagram-deleted-photos-free-agency/
there was no reason to bring up this old post a month later when the subject line isn’t indicative of the news.-
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19 minutes ago, JohnNord said:
I think along those same lines Baldo. The fact that some here are so aggressively denying this without sharing any information is quite telling
He was a good member here and got news up super quickly. I just think he’s 26CB
is it possible that since you have no idea what you’re talking about you could just stop with this? Holy crap why are you arguing this point for something you literally don’t know.-
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If anyone has any information, please update.
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[This is an automated response]
As a courtesy to the other board members, please use more descriptive topic titles. A better title will help the community find information faster and make your topic more likely to be read. The topic starter can edit the topic title line to make it more appropriate.
Thank you.
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1 hour ago, PromoTheRobot said:
Does this need it's own thread?
still not the thread police.-
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[This is an automated response]
This topic does not contribute positively to the community and therefore the discussion has been closed.
Thank you.
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1 minute ago, LeGOATski said:
They epitomized pop rock of the time. They did nothing influential.
The 90s were 10 years long. Not 3. -
2 minutes ago, Doc said:
Good band but only possibly MR worthy because they're from Buffalo.
Again, Buffalo aside, you should really revisit the dominance they had in the late 90s spilling over into 00s. MTV is not Buffalo radio. City of Angels is not a Buffalo movie, nor was treasure Island. They were the band that epitomized the late 90s. Coincidentally, they were from Buffalo. -
A little bit late to the game. I did not listen to 90s music when it came out, but I listen to a lot of it now. I don’t have the in-depth knowledge of every band from that era, especially the harder stuff. With that said:
1. Pearl Jam. I don’t even think this one is a question. Not only were they influential, but then you add the longevity.
2. Nirvana. With two of their three albums in the 90s, I guess you have to put Nirvana at number two. Nevermind pretty much put the nail in the coffin of every hairband that was still hanging around.
3. STP. I put that number three because I like them. Go pound sand if you think Soundgarden was better. Me don't care.
4. Goo Goo Dolls. I’m going off the reservation with this one. In recognition that the early 90s were vastly different from the late 90s, we should all look back at how ubiquitous GGD was after a boy named goo and dizzy up the girl. By 1999 they were everywhere. MTV, movie soundtracks, guest appearances. Johnny Rzeznik was the voice of pop/rock music for several years there. Maybe they could’ve been considered a 2000 band, but with those two albums being in the 90s I’m going to give them the unconventional nod.
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Another favorite:
“Be the person you want to meet.”
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Just now, Gugny said:
"Music holds the secret, to know it can make you whole."
it only took one post.-
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Here’s a topic to document nuggets of TBD wisdom. I’ll start:
“Drop by drop the river is formed.”
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4 hours ago, Kirby Jackson said:
Anyone else interested? I highly doubt McDermott goes, but should he?
please don’t do this. There is absolutely no reason to resurrect a two month old topic with an incorrect topic title. If you need to reference a pass post you could just embed a link to it.I know I have this on the Sabres site and I believe I have it here too where I ask you in a big orange alert box not to resurrect old posts.
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25 minutes ago, DieHardFan said:
Backwards thinking like this (plus the fact that there are 9 pages of outdated posts) is the reason that even @SDS doesn't sell his tickets in the Bills Tickets and Gear section (and note he was selling at a profit).
I sell some of my tickets (many times all and then buy on the open market) because it's the only way that I can afford them. I've tried to offer them here at the TM list price before fees with poor results. Would rather have a Bills fan next to me than some rando. Plus after moving my seats this year (in prep for PSLs) I regret it as I have not run into ANY STHs who actually use their seats and my area is overrun with the Brie and Wine types, one who actually scolded me for jeering too much on Sunday.
I'll give you the same deal I've offered before, pay me back the money I've lost on my tickets over the years and I'll give you a pair to this Sunday's game for free.
That cool enough for you, Mr Socialist?
I don’t know why you’re tagging me, but I wasn’t selling my ticket. A teacher at my child’s school had a seat for sale and I posted it for her. For I know she bought it at the same price and was looking to get her money back. -
I can get you a better deal than Ticketmaster.
Credit cards, savings accounts, CDs…
in Off the Wall
Posted
I doubt I would’ve made the effort to move from 3.5% to 4.75%, even if I did look into it. But it’s like if I’m going through all of the aggravation to open up a new account and then close my current one, I might as well take the best offer I can find. That is not with capital one.