Finance Advice Thread

[bladefd]

That's why you got to spread it around...just in case. My gut feeling is that the Gov will not allow the major airlines to go under. But if you spread around to all major airlines, banks, credit cards...even if one did go under, I still think you'd be way in the positive down the road

Banks and American express is where I put most of the money. I might buy airlines after maybe July.

I wish I had kept my Spydr etf and couple homedepot stocks. Ah well

[Hawker]

This crisis just shows how important an emergency fund is. Keep it in a high yield savings account (think AMEX and Goldman Sachs and CIT have good rates) and continue to add to it.

[PullupJay]

This crisis just shows how important an emergency fund is. Keep it in a high yield savings account (think AMEX and Goldman Sachs and CIT have good rates) and continue to add to it.

Ally is good too

[rawimpact]

This crisis just shows how important an emergency fund is. Keep it in a high yield savings account (think AMEX and Goldman Sachs and CIT have good rates) and continue to add to it.

CIT has been my go-to, it was up to like 3.05 or something at its peak. Only downside is that it takes forever for push and pull transfers. I dont know what you guys use for checking but All America Bank is pretty nice if you make a lot of small transactions. If you do 10/month, your checking account (up to 10k) has an interest of 1.6%. I usually buy a gatorade or smoothie at my gym enough to hit that number.

Even at that rate it's better than most 12 or 24 month CD ladders.

@BladeFD

Sach is back above $3.00 right now. Still not too late on a VERY high dividend paying stock.

[Draz]

God. My Discover APY TANKED from 2.2 last year to 1.15

I'm not getting SHIT. For reference I'm getting somewhere around $115-120 with $115K. At 2.2 I was pulling @140-148 with just $70K.

FUUUCK. I don't want to leave Discover because their customer service is the best of all the banks and not for $5-$10 more doesn't justify it for me.

[rawimpact]

I don't like risking buying essentially penny stocks. That's why I didn't buy Sach.

If you would have bought it late when i said to,

You'd of had a 14% return.

[Shogon]

Buy Bitcoin you dumb ******s. That's all the financial advice you'll ever need. We are still oh so very early.

[ItsMillerTime]

God. My Discover APY TANKED from 2.2 last year to 1.15

I'm not getting SHIT. For reference I'm getting somewhere around $115-120 with $115K. At 2.2 I was pulling @140-148 with just $70K.

FUUUCK. I don't want to leave Discover because their customer service is the best of all the banks and not for $5-$10 more doesn't justify it for me.

My Discover savings account did the same thing. It's at 1.15% now.

I also have a Savings account with TAB Bank. Been steadily getting over 2% for a yearish now

[bladefd]

If you would have bought it late when i said to,

You'd of had a 14% return.

I bought a bunch. Made a little bit of money. They have no dividend though?

[Hawker]

Almost even again and even positive on one of my investment portfolios. That's why buying even when it's dipped is good and to buy ETFs/index funds.

[fsvr54]

Buy Bitcoin you dumb ******s. That's all the financial advice you'll ever need. We are still oh so very early.

What about ethereum? I bought 2k worth two and a half years ago and it still hasn't gone up.

[bladefd]

Almost even again and even positive on one of my investment portfolios. That's why buying even when it's dipped is good and to buy ETFs/index funds.

I bet a correction is coming this week. Small correction of maybe 3% to erase last week of gains

[rawimpact]

I bought a bunch. Made a little bit of money. They have no dividend though?

What? It's a REIT so they have to have dividends... 90% of profit is given back annually

Anyways, its up to 3.41 right now.

[bladefd]

And it all tumbles down. I sold everything yesterday after Powell's comments except couple things like Apple stock, sach and berkshire hathaway right before the sell-off today across the market. Good timing too

[~primetime~]

And it all tumbles down. I sold everything yesterday after Powell's comments except couple things like Apple stock, sach and berkshire hathaway right before the sell-off today across the market. Good timing too

perfect...now start buying again!