Yay! Taxes Done - Refund Coming
 

Alex wrote:
Alex wrote:
wrote:
On Wed, 21 Mar 2018 19:47:44 -0400, Alex wrote:

wrote:
On Tue, 20 Mar 2018 19:44:57 -0400, Alex wrote:

Tim wrote:

On Tue, 20 Mar 2018 13:19:30 -0400, John H.
wrote:

Might take my wife out to dinner at Costco with the Federal
refund.
I am getting $3969.33
I didn't sell any stock this year and with my wife taking 4
months off
my line 43 was a little under $75k so my dividends were free. The
extra withholding I always take was a tad more than I needed.
....

I never get a refund. I always pay.
Me too. It's better than giving the feds an interest free loan
for a year.
What and give up that 0.25% my bank pays me?
I would rather have them paying me than me paying them. They won't
screw with you as much when you do guess wrong and owe them too much
if you have a history of them owing you. The year I did owe ~$15,000
the IRS guy said I would not have to file estimated the next year
because it was apparent that this was a one time thing.
(recaptured depreciation on the sale of our store)
Originally they said I would have to from then on and I went by to
talk to the man. He pulled up my record, typed a little and I was off
the hook a couple weeks later (letter in the mail)
1.55% at Synchrony Bank.
I don't have one of them around me.
With the rate changes I am going to go talk to my banks again tho.
The one I have been using here for the last 33 years is closing the
location near me and I may dump them. Another has more accounts open
than I need.

I don't have one near me either. I have my local accounts linked
with a high-yield savings at Synchrony. Moving money back and forth
takes 3 business days at the most.

You can get 1.7% at https://firstclassdemandnotes.com/invest but
there is some paperwork involve to prove you are an accredited
investor. It's also not FDIC insured but Mercedes Benz in not going
away.

Update - they are up to 2% now. Probably due to the increase from the
Fed.

Update two... now 2.5%.

Yay! Taxes Done - Refund Coming
 

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.

Yay! Taxes Done - Refund Coming
 

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

Yay! Taxes Done - Refund Coming
 

On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.

Yay! Taxes Done - Refund Coming
 

On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.


2.65% Wow!

The root cause of disintermediation.

Yay! Taxes Done - Refund Coming
 

On Tue, 27 Mar 2018 13:03:55 -0400, wrote:

On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.

You don't have to go five years:


TERM DIVIDEND RATES APY
6 Month 1.65% 1.65%**
12 Month 2.05% 2.07%
15 Month 2.10% 2.12%
18 Month 2.20% 2.22%
2 Year 2.30% 2.33%
3 Year 2.35% 2.38%
4 Year 2.40% 2.43%
5 Year 2.65% 2.68%
7 Year 2.70% 2.73%

Yay! Taxes Done - Refund Coming
 

Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.


2.65% Wow!

The root cause of disintermediation.


Maybe if you understood interest rates and investing, there would not be a
couple bankruptcy actions on your record.

Yay! Taxes Done - Refund Coming
 

On 3/27/18 6:29 PM, Bill wrote:
Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.


2.65% Wow!

The root cause of disintermediation.


Maybe if you understood interest rates and investing, there would not be a
couple bankruptcy actions on your record.

Maybe if you looked up "disintermediation," you'd understand what I said.

Yay! Taxes Done - Refund Coming
 

Yay! Taxes Done - Refund Coming
 

John H. wrote:
On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.
I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.

Five year is 2.65 at Pentagon Federal.

This is a liquid account and has been rising quite a bit lately.

Yay! Taxes Done - Refund Coming
 

Keyser Soze wrote:
On 3/27/18 6:29 PM, Bill wrote:
Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am
sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.


2.65% Wow!

The root cause of disintermediation.


Maybe if you understood interest rates and investing, there would not
be a
couple bankruptcy actions on your record.

Maybe if you looked up "disintermediation," you'd understand what I said.

Nice deflection attempt but you failed.

Yay! Taxes Done - Refund Coming
 

On 3/27/18 8:07 PM, Alex wrote:
Keyser Soze wrote:
On 3/27/18 6:29 PM, Bill wrote:
Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am
sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.


2.65%Â*Â* Wow!

The root cause of disintermediation.


Maybe if you understood interest rates and investing, there would not
be a
couple bankruptcy actions on your record.

Maybe if you looked up "disintermediation," you'd understand what I said.

Nice deflection attempt but you failed.


This from a little **** gun collector?

Yay! Taxes Done - Refund Coming
 

Keyser Soze wrote:
On 3/27/18 8:07 PM, Alex wrote:
Keyser Soze wrote:
On 3/27/18 6:29 PM, Bill wrote:
Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am
sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for
breaking
a CD is onerous.


2.65% Wow!

The root cause of disintermediation.


Maybe if you understood interest rates and investing, there would
not be a
couple bankruptcy actions on your record.

Maybe if you looked up "disintermediation," you'd understand what I
said.

Nice deflection attempt but you failed.


This from a little **** gun collector?

I have always paid my taxes and never filed for bankruptcy. You?

Yay! Taxes Done - Refund Coming
 

Keyser Soze wrote:
On 3/27/18 6:29 PM, Bill wrote:
Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.


2.65% Wow!

The root cause of disintermediation.


Maybe if you understood interest rates and investing, there would not be a
couple bankruptcy actions on your record.

Maybe if you looked up "disintermediation," you'd understand what I said.


I understand the word. Do you. Where is the investing without the
institution?

Yay! Taxes Done - Refund Coming
 

On Tue, 27 Mar 2018 19:53:07 -0400, Keyser Soze
wrote:

On 3/27/18 6:29 PM, Bill wrote:
Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.


2.65% Wow!

The root cause of disintermediation.


Maybe if you understood interest rates and investing, there would not be a
couple bankruptcy actions on your record.

Maybe if you looked up "disintermediation," you'd understand what I said.

I understood the word, I was just confused at why it fit into that
conversation.
Why would locking money in a non liquid CD for an attractive rate be
the root cause for people buying equities? It sounds like the opposite
to me. In real life I might be looking for something a little less
"paperish" anyway. I would really like to find a distressed property
but they are pretty hard to find these days. What the hell happened to
the Trump recession you promised me?

Yay! Taxes Done - Refund Coming
 

On Tue, 27 Mar 2018 20:35:34 -0400, Alex wrote:

Keyser Soze wrote:
On 3/27/18 8:07 PM, Alex wrote:
Keyser Soze wrote:
On 3/27/18 6:29 PM, Bill wrote:
Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am
sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for
breaking
a CD is onerous.


2.65% Wow!

The root cause of disintermediation.


Maybe if you understood interest rates and investing, there would
not be a
couple bankruptcy actions on your record.

Maybe if you looked up "disintermediation," you'd understand what I
said.

Nice deflection attempt but you failed.


This from a little **** gun collector?

I have always paid my taxes and never filed for bankruptcy. You?

I'll bet that stays unanswered.

Yay! Taxes Done - Refund Coming
 

On Tue, 27 Mar 2018 20:04:46 -0400, Alex wrote:

John H. wrote:
On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.
I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.

Five year is 2.65 at Pentagon Federal.

This is a liquid account and has been rising quite a bit lately.

Where again?

Yay! Taxes Done - Refund Coming
 

On 3/28/18 12:32 AM, wrote:
On Tue, 27 Mar 2018 19:53:07 -0400, Keyser Soze
wrote:

On 3/27/18 6:29 PM, Bill wrote:
Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.


2.65% Wow!

The root cause of disintermediation.


Maybe if you understood interest rates and investing, there would not be a
couple bankruptcy actions on your record.

Maybe if you looked up "disintermediation," you'd understand what I said.

I understood the word, I was just confused at why it fit into that
conversation.
Why would locking money in a non liquid CD for an attractive rate be
the root cause for people buying equities? It sounds like the opposite
to me. In real life I might be looking for something a little less
"paperish" anyway. I would really like to find a distressed property
but they are pretty hard to find these days. What the hell happened to
the Trump recession you promised me?

Typically, the term is used to describe the movement of money from a
low-yield site (such as a savings account) to a higher yield entity.

Yay! Taxes Done - Refund Coming
 

On Wed, 28 Mar 2018 08:14:03 -0400, Keyser Soze
wrote:

On 3/28/18 12:32 AM, wrote:
On Tue, 27 Mar 2018 19:53:07 -0400, Keyser Soze
wrote:

On 3/27/18 6:29 PM, Bill wrote:
Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.


Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.


2.65% Wow!

The root cause of disintermediation.


Maybe if you understood interest rates and investing, there would not be a
couple bankruptcy actions on your record.

Maybe if you looked up "disintermediation," you'd understand what I said.

I understood the word, I was just confused at why it fit into that
conversation.
Why would locking money in a non liquid CD for an attractive rate be
the root cause for people buying equities? It sounds like the opposite
to me. In real life I might be looking for something a little less
"paperish" anyway. I would really like to find a distressed property
but they are pretty hard to find these days. What the hell happened to
the Trump recession you promised me?

Typically, the term is used to describe the movement of money from a
low-yield site (such as a savings account) to a higher yield entity.

I understand that but in conjunction with a statement that bank
interest rates are going up I did not understand how that was the root
cause for pulling the money out.

Yay! Taxes Done - Refund Coming
 

John H. wrote:
On Tue, 27 Mar 2018 20:04:46 -0400, Alex wrote:

John H. wrote:
On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.
I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.

Five year is 2.65 at Pentagon Federal.
This is a liquid account and has been rising quite a bit lately.
Where again?

https://firstclassdemandnotes.com/invest

Yay! Taxes Done - Refund Coming
 

On Wed, 28 Mar 2018 20:22:09 -0400, Alex wrote:

John H. wrote:
On Tue, 27 Mar 2018 20:04:46 -0400, Alex wrote:

John H. wrote:
On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.
I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.

Five year is 2.65 at Pentagon Federal.
This is a liquid account and has been rising quite a bit lately.
Where again?

https://firstclassdemandnotes.com/invest

Thanks.

Yay! Taxes Done - Refund Coming
 

On Wed, 28 Mar 2018 20:22:09 -0400, Alex wrote:

John H. wrote:
On Tue, 27 Mar 2018 20:04:46 -0400, Alex wrote:

John H. wrote:
On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:


Update two... now 2.5%.
I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.

Five year is 2.65 at Pentagon Federal.
This is a liquid account and has been rising quite a bit lately.
Where again?

https://firstclassdemandnotes.com/invest

I think I'll stick with the PenFed folks. With this money, I'm into 'less risk'. Won't have need of
the stuff anyway, except for 529 programs in the future.