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On September 30 2016 23:05 mordek wrote:Show nested quote +On September 30 2016 22:58 jcarlsoniv wrote:
I'm trying to start looking into Savings Accounts and holy crap interest rates are so bad. I don't really even know where to start looking. I've checked a couple Credit Unions in my town that offer fairly paltry gains (even relatively speaking). I've also looked at Ally Bank and GS Bank as online-only savings options, which seem to offer ~1% interest.
Anyone have any suggestions? Keep looking at local banks. My regional bank offers 1% on its checking as long as you have electronic statements, an auto deposit and 12 monthly transactions... super easy. You will not believe this but 6 years ago the interest was like 5.5% on the checking... was fantastic but before I actually had a large balance lol.
I'm looking at your inflation which hovers around ~1 and reserve bank just said they weren't changing anything so not getting much higher than ~1 makes sense from a bank. Banks are normally repo+2/3(for prime). That's why everyone was holding their breath while your reserve bank was making it's announcement, any increase in rate would have some huge effects on everyone else's trade/investments.
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I think I'm going to give learning Cantonese another shot. I'm absolute garbage at tonals but I think that'll just have to be practiced.
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On September 30 2016 23:04 ticklishmusic wrote:Show nested quote +On September 30 2016 22:58 jcarlsoniv wrote:
I'm trying to start looking into Savings Accounts and holy crap interest rates are so bad. I don't really even know where to start looking. I've checked a couple Credit Unions in my town that offer fairly paltry gains (even relatively speaking). I've also looked at Ally Bank and GS Bank as online-only savings options, which seem to offer ~1% interest.
Anyone have any suggestions? What are your needs? Ally is what I use and it works pretty good. I'd recommend getting an account with a bank with physical locations as well b/c there's some things you can't do via Ally easily (like getting a check (like cashing a check that's been endorsed over to you). 1% is going to be the highest you get from a national bank. Some small local credit unions might offer higher to attract business, but you have to poke around your area for those?
Yeah, I feel you on the check issue. My Checking Account is with Simple Bank which also doesn't have any physical locations. If I need to write a check, I need a few days notice lol.
On September 30 2016 23:05 Requizen wrote:Show nested quote +On September 30 2016 21:46 jcarlsoniv wrote:
Chilling outside Emerald Nightmare to maybe grab a healing spot. Raid has abnormally large number of healers and they're struggling to find DPS. Go do the Balance artifact quest while they're looking for damage. Beat Xavius. Get Artifiact gem for Scythe of Elune.
Guess I'm Boomkin now. Seriously, Glyph of Stars. Why would you ever want to be a chicken when you can be starlight made manifest? Show nested quote +On September 30 2016 22:58 jcarlsoniv wrote:
I'm trying to start looking into Savings Accounts and holy crap interest rates are so bad. I don't really even know where to start looking. I've checked a couple Credit Unions in my town that offer fairly paltry gains (even relatively speaking). I've also looked at Ally Bank and GS Bank as online-only savings options, which seem to offer ~1% interest.
Anyone have any suggestions? It's pretty garbage. We just opened one up to put our wedding money in and the rate was stupid low. Even CDs are getting you less than 5%, it's almost not worth it outside of just having a slightly more secure location than a checking account. If you really want to invest the money and see it grow, imo look at IRAs. They're still pretty trash but nothing will make you investment money in the short term unless you play stocks.
I'm just looking for something easy and secure that will net me a small gain over long term. I really only plan on throwing in like $50 per pay check right now.
I've got my 401k churning along nicely and do some (very) small investing here and there. So I'm really just looking for another, more liquid Savings Account.
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On September 30 2016 22:49 killerdog wrote:Show nested quote +On September 30 2016 13:29 Gahlo wrote:
Caffeine free Coke Zero is incredible. What's even left o.0
Flavor.
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On September 30 2016 23:17 jcarlsoniv wrote:Show nested quote +On September 30 2016 23:04 ticklishmusic wrote:On September 30 2016 22:58 jcarlsoniv wrote:
I'm trying to start looking into Savings Accounts and holy crap interest rates are so bad. I don't really even know where to start looking. I've checked a couple Credit Unions in my town that offer fairly paltry gains (even relatively speaking). I've also looked at Ally Bank and GS Bank as online-only savings options, which seem to offer ~1% interest.
Anyone have any suggestions? What are your needs? Ally is what I use and it works pretty good. I'd recommend getting an account with a bank with physical locations as well b/c there's some things you can't do via Ally easily (like getting a check (like cashing a check that's been endorsed over to you). 1% is going to be the highest you get from a national bank. Some small local credit unions might offer higher to attract business, but you have to poke around your area for those? Yeah, I feel you on the check issue. My Checking Account is with Simple Bank which also doesn't have any physical locations. If I need to write a check, I need a few days notice lol. Show nested quote +On September 30 2016 23:05 Requizen wrote:On September 30 2016 21:46 jcarlsoniv wrote:
Chilling outside Emerald Nightmare to maybe grab a healing spot. Raid has abnormally large number of healers and they're struggling to find DPS. Go do the Balance artifact quest while they're looking for damage. Beat Xavius. Get Artifiact gem for Scythe of Elune.
Guess I'm Boomkin now. Seriously, Glyph of Stars. Why would you ever want to be a chicken when you can be starlight made manifest? On September 30 2016 22:58 jcarlsoniv wrote:
I'm trying to start looking into Savings Accounts and holy crap interest rates are so bad. I don't really even know where to start looking. I've checked a couple Credit Unions in my town that offer fairly paltry gains (even relatively speaking). I've also looked at Ally Bank and GS Bank as online-only savings options, which seem to offer ~1% interest.
Anyone have any suggestions? It's pretty garbage. We just opened one up to put our wedding money in and the rate was stupid low. Even CDs are getting you less than 5%, it's almost not worth it outside of just having a slightly more secure location than a checking account. If you really want to invest the money and see it grow, imo look at IRAs. They're still pretty trash but nothing will make you investment money in the short term unless you play stocks. I'm just looking for something easy and secure that will net me a small gain over long term. I really only plan on throwing in like $50 per pay check right now. I've got my 401k churning along nicely and do some (very) small investing here and there. So I'm really just looking for another, more liquid Savings Account.
if you're tossing in 50 which i assume isnt really $ you need, you might as well use wealthfront or something like that. the return on non-investment accounts is lousy across the board.
and yeah agreed on the IRA.
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I just started dragon quest 8 and i finally get your steam avatar yango
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On September 30 2016 23:12 Requizen wrote:
I think I'm going to give learning Cantonese another shot. I'm absolute garbage at tonals but I think that'll just have to be practiced.
Eeeeew cantonese
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On October 01 2016 02:58 Lord Tolkien wrote:Show nested quote +On September 30 2016 23:12 Requizen wrote:
I think I'm going to give learning Cantonese another shot. I'm absolute garbage at tonals but I think that'll just have to be practiced. Eeeeew cantonese
Isn't that what his wife can speak tho?
On September 30 2016 22:58 jcarlsoniv wrote:
I'm trying to start looking into Savings Accounts and holy crap interest rates are so bad. I don't really even know where to start looking. I've checked a couple Credit Unions in my town that offer fairly paltry gains (even relatively speaking). I've also looked at Ally Bank and GS Bank as online-only savings options, which seem to offer ~1% interest.
Anyone have any suggestions?
Here in Canada there is a first time home buyers benefit that allows me to remove all the money from my RRSP (401K equivalent?) and my TFSA (tax free savings account) to put as a down payment on my first house as long as I replace all that money over the next 5-10 years. contributing the majority of my savings to those has helped me a lot on my tax returns and given me a nice pocket to work with for my first house. but if you want higher rates you will have to take more risky investments 
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On September 30 2016 23:12 Requizen wrote:
I think I'm going to give learning Cantonese another shot. I'm absolute garbage at tonals but I think that'll just have to be practiced.
well it cant sound worse than native speakers
or whatever the meme is
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Dandel I don't get your sig at all
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GrandInquisitor
New York City13113 Posts
On September 30 2016 23:17 jcarlsoniv wrote:Show nested quote +On September 30 2016 23:04 ticklishmusic wrote:On September 30 2016 22:58 jcarlsoniv wrote:
I'm trying to start looking into Savings Accounts and holy crap interest rates are so bad. I don't really even know where to start looking. I've checked a couple Credit Unions in my town that offer fairly paltry gains (even relatively speaking). I've also looked at Ally Bank and GS Bank as online-only savings options, which seem to offer ~1% interest.
Anyone have any suggestions? What are your needs? Ally is what I use and it works pretty good. I'd recommend getting an account with a bank with physical locations as well b/c there's some things you can't do via Ally easily (like getting a check (like cashing a check that's been endorsed over to you). 1% is going to be the highest you get from a national bank. Some small local credit unions might offer higher to attract business, but you have to poke around your area for those? Yeah, I feel you on the check issue. My Checking Account is with Simple Bank which also doesn't have any physical locations. If I need to write a check, I need a few days notice lol. Show nested quote +On September 30 2016 23:05 Requizen wrote:On September 30 2016 21:46 jcarlsoniv wrote:
Chilling outside Emerald Nightmare to maybe grab a healing spot. Raid has abnormally large number of healers and they're struggling to find DPS. Go do the Balance artifact quest while they're looking for damage. Beat Xavius. Get Artifiact gem for Scythe of Elune.
Guess I'm Boomkin now. Seriously, Glyph of Stars. Why would you ever want to be a chicken when you can be starlight made manifest? On September 30 2016 22:58 jcarlsoniv wrote:
I'm trying to start looking into Savings Accounts and holy crap interest rates are so bad. I don't really even know where to start looking. I've checked a couple Credit Unions in my town that offer fairly paltry gains (even relatively speaking). I've also looked at Ally Bank and GS Bank as online-only savings options, which seem to offer ~1% interest.
Anyone have any suggestions? It's pretty garbage. We just opened one up to put our wedding money in and the rate was stupid low. Even CDs are getting you less than 5%, it's almost not worth it outside of just having a slightly more secure location than a checking account. If you really want to invest the money and see it grow, imo look at IRAs. They're still pretty trash but nothing will make you investment money in the short term unless you play stocks. I'm just looking for something easy and secure that will net me a small gain over long term. I really only plan on throwing in like $50 per pay check right now. I've got my 401k churning along nicely and do some (very) small investing here and there. So I'm really just looking for another, more liquid Savings Account.
Given today's environment, there is zero reason to have a savings account. Here's what I do with my money:
Checking account with enough to cover my credit card bills each month <- direct deposit goes here
VTSAX - Vanguard total stock market index fund <- money I don't need to spend right now goes here
That's it. Now, the channels through which I invest into VTSAX vary a bit - there's the 401k, the Roth IRA, the 529, etc. etc., but the vast majority of it is just in a standard Vanguard (taxable) account.
Which fund you choose to invest in is affected by what your money is intended to do. Are you putting it in because you don't need to spend it and you want to have more money in 15 years? VTSAX is good. If you want to take it out in 5 years, it's probably still fine. 1 year or less, and you don't really have many options, and the hassle of trying to figure out an option is probably not worth the amount you're making off of it.
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On October 01 2016 03:59 Dandel Ion wrote:Show nested quote +On September 30 2016 23:12 Requizen wrote:
I think I'm going to give learning Cantonese another shot. I'm absolute garbage at tonals but I think that'll just have to be practiced. well it cant sound worse than native speakers or whatever the meme is
you're not wrong tho
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Any of you guys have some good tips on what to visit in South Korea (or Russia for that matter)?
Organizing a Study Tour atm and I'm the one responsible for excursions (either to companies relevant to EE/Automotive or for fun/cultural reasons).
Already thinking about seeing a ballet show in Bolshoi theatre/parachuting/shooting AK's in Russia, just need some Korean stuff to do. Already have 24 hours at a Buddhist temple as one of our options. Would be a group of ~30.
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On October 01 2016 04:00 Slayer91 wrote:
Dandel I don't get your sig at all
y i should change it
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On October 01 2016 03:21 ComaDose wrote:Show nested quote +On October 01 2016 02:58 Lord Tolkien wrote:On September 30 2016 23:12 Requizen wrote:
I think I'm going to give learning Cantonese another shot. I'm absolute garbage at tonals but I think that'll just have to be practiced. Eeeeew cantonese Isn't that what his wife can speak tho?
Yes, but that doesn't mean I can't look down on inferior non-Mandarin speakers.
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On October 01 2016 04:06 GrandInquisitor wrote:Show nested quote +On September 30 2016 23:17 jcarlsoniv wrote:On September 30 2016 23:04 ticklishmusic wrote:On September 30 2016 22:58 jcarlsoniv wrote:
I'm trying to start looking into Savings Accounts and holy crap interest rates are so bad. I don't really even know where to start looking. I've checked a couple Credit Unions in my town that offer fairly paltry gains (even relatively speaking). I've also looked at Ally Bank and GS Bank as online-only savings options, which seem to offer ~1% interest.
Anyone have any suggestions? What are your needs? Ally is what I use and it works pretty good. I'd recommend getting an account with a bank with physical locations as well b/c there's some things you can't do via Ally easily (like getting a check (like cashing a check that's been endorsed over to you). 1% is going to be the highest you get from a national bank. Some small local credit unions might offer higher to attract business, but you have to poke around your area for those? Yeah, I feel you on the check issue. My Checking Account is with Simple Bank which also doesn't have any physical locations. If I need to write a check, I need a few days notice lol. On September 30 2016 23:05 Requizen wrote:On September 30 2016 21:46 jcarlsoniv wrote:
Chilling outside Emerald Nightmare to maybe grab a healing spot. Raid has abnormally large number of healers and they're struggling to find DPS. Go do the Balance artifact quest while they're looking for damage. Beat Xavius. Get Artifiact gem for Scythe of Elune.
Guess I'm Boomkin now. Seriously, Glyph of Stars. Why would you ever want to be a chicken when you can be starlight made manifest? On September 30 2016 22:58 jcarlsoniv wrote:
I'm trying to start looking into Savings Accounts and holy crap interest rates are so bad. I don't really even know where to start looking. I've checked a couple Credit Unions in my town that offer fairly paltry gains (even relatively speaking). I've also looked at Ally Bank and GS Bank as online-only savings options, which seem to offer ~1% interest.
Anyone have any suggestions? It's pretty garbage. We just opened one up to put our wedding money in and the rate was stupid low. Even CDs are getting you less than 5%, it's almost not worth it outside of just having a slightly more secure location than a checking account. If you really want to invest the money and see it grow, imo look at IRAs. They're still pretty trash but nothing will make you investment money in the short term unless you play stocks. I'm just looking for something easy and secure that will net me a small gain over long term. I really only plan on throwing in like $50 per pay check right now. I've got my 401k churning along nicely and do some (very) small investing here and there. So I'm really just looking for another, more liquid Savings Account. Given today's environment, there is zero reason to have a savings account. Here's what I do with my money: Checking account with enough to cover my credit card bills each month <- direct deposit goes here VTSAX - Vanguard total stock market index fund <- money I don't need to spend right now goes here That's it. Now, the channels through which I invest into VTSAX vary a bit - there's the 401k, the Roth IRA, the 529, etc. etc., but the vast majority of it is just in a standard Vanguard (taxable) account. Which fund you choose to invest in is affected by what your money is intended to do. Are you putting it in because you don't need to spend it and you want to have more money in 15 years? VTSAX is good. If you want to take it out in 5 years, it's probably still fine. 1 year or less, and you don't really have many options, and the hassle of trying to figure out an option is probably not worth the amount you're making off of it.
Hmm ok. As it is, I currently have the same set up as you do (401k through work is mostly invested in Vanguard and, as I said, is churning along nicely. If I ever need to up my self esteem, that's definitely a think I look at lol). Biggest current downside is that I don't actually own physical checks for my Checking account - bit silly, but I really like Simple Bank otherwise.
I hadn't heard of Wealthfront previously, so might look a bit at that. But maybe I don't actually need anything more than I currently have.
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Ugh.
All this talk about money and savings is stressing me out.
Buying a house in Toronto even having a sufficient down payment is scary as hell considering we need to drain a bunch of savings to do it, with no idea how long it'll take me to replenish them. My earnings are still really volatile and while they're likely to be enough, there's not a lot of wiggle room.
Then on top of that my wife is scrambling to make up enough hours to pay into EI so that she'll get maternity benefit in February for the year, and 75k in student loans...
Fuck adulting, man.
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They key is to stay single, never have a child, and never buy a house.
Or not buy a house in Toronto. That might help. :>
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K, OW soloq is fucking awful. I need to bribe people to help boost me to 25 so I can play comp...And it's not like I'm doing badly, just everyone is brain-dead, on both teams....
I forgot what low MMR feels like, it's weird and scares me.
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On October 01 2016 07:25 zer0das wrote:
They key is to stay single, never have a child, and never buy a house.
Or not buy a house in Toronto. That might help. :>
Also never study or have any hobbies.
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EPT
