4.75% at ING!?!?

[imported_Mike]

What if you transferred your balance from your ING to your bank, then back to ING. New Deposit right?

 

[Triumph]

Emigrant's website interface is so horrible. I can't see any option to link another bank account. I guess I'll just transfer the money to my main bank account and then over to ING.

 

[Beller0ph1]

Ahh, just in time for me to start my new, full time, awesome paying job.

 

[cjgallen]

w00t, I started direct depositing my paycheck to ING not too long ago

 

[z0mb13]

Originally posted by: Triumph
Emigrant's website interface is so horrible. I can't see any option to link another bank account. I guess I'll just transfer the money to my main bank account and then over to ING.

yeah this is pissing me off too.. I have most of my $$$ in emigrant..

how do I set up a direct transfer to ING? if I do the checking in between thing I will lose about a week of interest.. which defeats the whole purpose

 

[Schfifty Five]

Originally posted by: Mike
What if you transferred your balance from your ING to your bank, then back to ING. New Deposit right?

if you bothered to read the thread, you'd realize that has been asked many time already.

The fact is ING will keep track of what you have withdrawn and when you redeposit, you won't get the 4.75% until you "fill" what you took out.

 

[Slew Foot]

It takes all of 2 days to sell a stock and transfer it to my bank account. Why would you want to keep 6 months of money barely keeping up with inflation when you can get much better returns in the market?

Heck even being ultra conservative I can get 5%+ in dividend payments (AT&T) and in a good scenario 50%+ returns in a year (FSENX, FSNGX, FNARX). My regular funds are running 20%/year over the last few years (FDVLX, FCNTX, FSDAX).

In the worst case scenario put your $$ into municipal bond funds, a tax free 4-5% year, or a regular bond fund like FNMIX for a 10% YTD gain with a 5.7% yield.

 

[Fritzo]

Originally posted by: spidey07

Originally posted by: Slew Foot
$10K in a savings account? That's wayyyyy too much IMHO. You only really need about 1 month of funds to be that liquid, everything else should be invested in higher yields.

that goes against most all good financial moves. norm is 6 months liquid.

Yep. I have that + home equity if I need any more (like if I get a coke or gambling habit). What's a good think to do with a spare $20000? I've never actually traded anything. You just open an eTrade account and pop it in there?

 

[Davegod75]

Originally posted by: Slew Foot
It takes all of 2 days to sell a stock and transfer it to my bank account. Why would you want to keep 6 months of money barely keeping up with inflation when you can get much better returns in the market?

Heck even being ultra conservative I can get 5%+ in dividend payments (AT&T) and in a good scenario 50%+ returns in a year (FSENX, FSNGX, FNARX). My regular funds are running 20%/year over the last few years (FDVLX, FCNTX, FSDAX).

In the worst case scenario put your $$ into municipal bond funds, a tax free 4-5% year, or a regular bond fund like FNMIX for a 10% YTD gain with a 5.7% yield.

who do recommed for investing in municpal bond funds? I'm looking for something easy to setup and maintain with low fees. Money must be farely liquid. all online is great

 

[Slew Foot]

Originally posted by: Davegod75

Originally posted by: Slew Foot
It takes all of 2 days to sell a stock and transfer it to my bank account. Why would you want to keep 6 months of money barely keeping up with inflation when you can get much better returns in the market?

Heck even being ultra conservative I can get 5%+ in dividend payments (AT&T) and in a good scenario 50%+ returns in a year (FSENX, FSNGX, FNARX). My regular funds are running 20%/year over the last few years (FDVLX, FCNTX, FSDAX).

In the worst case scenario put your $$ into municipal bond funds, a tax free 4-5% year, or a regular bond fund like FNMIX for a 10% YTD gain with a 5.7% yield.

who do recommed for investing in municpal bond funds? I'm looking for something easy to setup and maintain with low fees. Money must be farely liquid. all online is great

I do all my investing at Fidelity. They have some great Spartan muni bonds but they're mainly for big time investors (I think the best ones have a min 250K buy in, there's a reason they're known as tax shelters for the rich).
I think they have some with lower limits but I havent looked into them much. Im getting too good of a return with the select mutual funds so I havent spent much time in their other sectors.

 

[Davegod75]

ah...i have some stuff with vanguard now so maybe i'll check out their stuff

 

[mwtgg]

Originally posted by: Davegod75

Originally posted by: Slew Foot
It takes all of 2 days to sell a stock and transfer it to my bank account. Why would you want to keep 6 months of money barely keeping up with inflation when you can get much better returns in the market?

Heck even being ultra conservative I can get 5%+ in dividend payments (AT&T) and in a good scenario 50%+ returns in a year (FSENX, FSNGX, FNARX). My regular funds are running 20%/year over the last few years (FDVLX, FCNTX, FSDAX).

In the worst case scenario put your $$ into municipal bond funds, a tax free 4-5% year, or a regular bond fund like FNMIX for a 10% YTD gain with a 5.7% yield.

who do recommed for investing in municpal bond funds? I'm looking for something easy to setup and maintain with low fees. Money must be farely liquid. all online is great

I have a MMA with Vanguard. And unless you have a lot of money to invest, muni-bond funds are likely not worth it.

 

[spidey07]

Originally posted by: Slew Foot
It takes all of 2 days to sell a stock and transfer it to my bank account. Why would you want to keep 6 months of money barely keeping up with inflation when you can get much better returns in the market?

Heck even being ultra conservative I can get 5%+ in dividend payments (AT&T) and in a good scenario 50%+ returns in a year (FSENX, FSNGX, FNARX). My regular funds are running 20%/year over the last few years (FDVLX, FCNTX, FSDAX).

In the worst case scenario put your $$ into municipal bond funds, a tax free 4-5% year, or a regular bond fund like FNMIX for a 10% YTD gain with a 5.7% yield.

there are people that use savings accounts for the purpose of savings account, we also use our other accounts as you desribed. to some people the savings account is used as it should be - immediately liquid no risk part of our entire financial goals. cash is king in this realm IMHO.

there are also people for whom their savings account is a very small part of their overall holdings. the savings account is just there to cover the bills for a period of time and nothing else in case something happens.

<---doesn't pretend to be a financial guru, just trying to show the other side.

what I'm trying to say is to some savings is 5% of total holdings.

 

[bob4432]

anybody need a referral? if so, send me a pm

 

[dabuddha]

Originally posted by: bob4432
anybody need a referral? if so, send me a pm

You're not a newb so stop acting like one. You know that soliciting referrals is not allowed and will get this thread locked.

 

[imported_squire]

 

[RossMAN]

If I deposit $25,000.00 at 4.75% APY for 75 days, how much interest would I earn?

 

[spidey07]

Originally posted by: RossMAN
If I deposit $25,000.00 at 4.75% APY for 75 days, how much interest would I earn?

oh come on RossMan. You know the answer.

279 bucks I believe (for 1/19 - 4/15)

http://www.csgnetwork.com/interestsavcalc.html

 

[ISAslot]

i transfered my 45k to hsbc last week, so now i can transfer back and get the good rate?

 

[RossMAN]

Originally posted by: spidey07

Originally posted by: RossMAN
If I deposit $25,000.00 at 4.75% APY for 75 days, how much interest would I earn?

oh come on RossMan. You know the answer.

279 bucks I believe (for 1/19 - 4/15)

http://www.csgnetwork.com/interestsavcalc.html

Thanks

Time to take advantage of some 0% APR BT offers.

 

[JS80]

Anyone else having trouble logging on at this moment?

 

[SoyBoy004]

yup, i just came here to check the status. I can't log in.

 

[ISAslot]

i was having trouble logging in last night. I was unable to login at all using firefox. For some reason I could login with IE, but I still got random page unavailable errors.

 

[compuwiz1]

I'm going with Ford Credit's offer.

At $50,000 and above, they ae paying 5.70%, as of my mailer. It might be higher now.

Not a bad deal


I sent the card in, indicating, I want to deposit at least $50k

 

[Zugzwang152]

Originally posted by: compuwiz1
I'm going with Ford Credit's offer.

At $50,000 and above, they ae paying 5.70%, as of my mailer. It might be higher now.

Not a bad deal


I sent the card in, indicating, I want to deposit at least $50k

why'd you bring up this thread after 4 months?