Super content! Keep it up! Do you think interest rates will go up more over the next 6 months (by Christmas)? Do you think interest rates will fall in 2024? Thanks.
Great question, Rose! With the Fed announcing two more potential rate hikes in 2023, there's a chance rates will move up a little bit more by Christmas before falling (at least, that's the plan).
Great info Eric. I went with my brokers regular money market fund. Just going to keep most of my money parked in there at around 5-something percent yield. Also Im still doing t bills but not as much as I was before. Have a good day.
Hey Eric, we have a Marcus & Capital One 360 high-yield online savings account. I had opened a Discover savings account to take advantage of a $200 bonus offer, but for some reason Discover wouldn't accept my deposit from my local credit union checking account. I had no issues with Marcus or Capital One making deposits from the same account. Discover customer support was friendly but not helpful so I closed my account without ever making a deposit.
So sorry to hear that you ran into some trouble! Glad you had a lot better experience with Marcus and Capital One though. It sounds like Discover & credit unions don't work as well.
Great content! Keep taking advantage of Cds, Tbills and HYSAs while interest rates remain up!
That's the plan! A couple rate hikes are still planned for 2023 so we'll see how much higher rates can go!
Appreciate this weekly research and contents . It would be nice if u also can mention about t bill VS cd in terms of tax benefits 😊
Thanks! I'll be happy to do a video on that subject soon!
Super content! Keep it up! Do you think interest rates will go up more over the next 6 months (by Christmas)? Do you think interest rates will fall in 2024? Thanks.
Great question, Rose! With the Fed announcing two more potential rate hikes in 2023, there's a chance rates will move up a little bit more by Christmas before falling (at least, that's the plan).
Excellent content
Thanks so much, Roy!
Appreciate the content. Great job.
Thanks so much!
Great info Eric. I went with my brokers regular money market fund. Just going to keep most of my money parked in there at around 5-something percent yield. Also Im still doing t bills but not as much as I was before. Have a good day.
Really solid option! A money market fund enjoyer I see 🙂
Just opened a CFG High Yield Savings Account that has a 5.17% APY.
That's a great one! I'll add it on the list!
Hey Eric, we have a Marcus & Capital One 360 high-yield online savings account. I had opened a Discover savings account to take advantage of a $200 bonus offer, but for some reason Discover wouldn't accept my deposit from my local credit union checking account.
I had no issues with Marcus or Capital One making deposits from the same account.
Discover customer support was friendly but not helpful so I closed my account without ever making a deposit.
So sorry to hear that you ran into some trouble! Glad you had a lot better experience with Marcus and Capital One though. It sounds like Discover & credit unions don't work as well.
Just don’t talk about Merrill .They took my money