Savings/investments/bonds Master Thread.

[whacked1]

That was my question, if loss harvesting is similar to this where your just playing with the kiddie tax bracket each year?

Seems to work for me. I file the gains each year .i dont need to pay taxes as its below the threshold (thus far).

[aygart]

My cousin from PIT married a guy from NYC.
Did the wedding in CLE for a takanah package of ~$20K all in. Beautiful hall. No need to wait months.

Recently?

[aygart]

Ummm. I just spoke to another friend who made chasuna in BP in the last week - said basic hall for both sides was 17.5K (doesn't include music flowers - maybe you're including those+?)

And IIRC a relative told me recently a lakewood takana hall which includes everything basic (flowers/music/photographer) is also under 20K for both sides.

What's gonna be in 20 years, I don't know, that's why you make sure to calculate 7% (or even 6%?) to adjust for inflation as opposed to the historical 10%.

Are you trying to say he is too low?

[dm123]

Are you trying to say he is too low?

Can we move:

https://forums.dansdeals.com/index.php?topic=115607.0

[CountValentine]

Can we move:

https://forums.dansdeals.com/index.php?topic=115607.0

Please? 

[aygart]

Someone must have forgotten to fill ours back then.

Ksubos perek 6 mishna 5?

No pots etc? Beds? I guess it is also different when you are working "already"

[dm123]

Ksubos perek 6 mishna 5?

No pots etc? Beds? I guess it is also different when you are working "already"

Pretty please let's move to the chasuna thread?

https://forums.dansdeals.com/index.php?topic=115607.540

[drosenberg88429]

Delusional, especially 20 years down the road.

My family made a wedding recently for under $20k altogether for our side (boy's side), including shadchanus, basic jewelery and gifts for kallah, clothing for chosson, half of Lakewood takanah package wedding (slightly upgraded buffet and photography), basic aufruf, and assistance with basic furnishings for starter apartment. It was a very respectable affair. It's possible. Everyone has a different definition of normal. Most people from certain communities probably spend more on jewelry than we spent altogether, and they wouldn't consider than abnormal either. However, delusional is a strong word. It depends on your demographic and what you, your children, and your mechutanim choose to prioritize and invest in, and what your standards are.

Regardless, this is wrong thread, and this discussion is just pointless rabbit hole. It's been discussed pretty exhaustively on some other threads.

[CountValentine]

Today's auction. T-bills dropped a tad.
26 week - 4.61 from 4.65 last week

[sam2015]

Today's auction. T-bills dropped a tad.
26 week - 4.61 from 4.65 last week

This is very good for short term. But if someone is looking for say 3-5 years they could end up losing out. The rates seem to have peaked (for now) and there are some indications that it may not go much higher. If you were to buy a 6month bill - when 6 months rolls around and you want to buy new bills, you may find that they are much much lower. Something to consider would be a 3-5 year cd from a brokerage which also has been dropping lately, but was up to 5% (non callable) just a few days ago.

[CountValentine]

This is very good for short term. But if someone is looking for say 3-5 years they could end up losing out. The rates seem to have peaked (for now) and there are some indications that it may not go much higher. If you were to buy a 6month bill - when 6 months rolls around and you want to buy new bills, you may find that they are much much lower. Something to consider would be a 3-5 year cd from a brokerage which also has been dropping lately, but was up to 5% (non callable) just a few days ago.

If I knew what rates would be in 3-5 years I would act differently.

[nucheiner]

Any reason not to trust a small bank FDIC insured? https://republicebank.com/personal/savings-accounts/ They are offering 4% on their Money Market. The same rep (Tim) answered the phone both times I called. Both times I chatted I also got the same chat rep. So must be a tiny bank.

They claim no limitations on ACH withdrawals when pulling from outside bank. And claimed that their own limits can be adjusted upon request.

[ari3]

Any reason not to trust a small bank FDIC insured? https://republicebank.com/personal/savings-accounts/ They are offering 4% on their Money Market. The same rep (Tim) answered the phone both times I called. Both times I chatted I also got the same chat rep. So must be a tiny bank.

They claim no limitations on ACH withdrawals when pulling from outside bank. And claimed that their own limits can be adjusted upon request.

As long as they are FDIC insured and you will have under $250K your money is safe. If you plan on moving money in and out regularly then you should research their customer service or try them them out and see how they are.

[ExGingi]

Any reason not to trust a small bank FDIC insured? https://republicebank.com/personal/savings-accounts/ They are offering 4% on their Money Market. The same rep (Tim) answered the phone both times I called. Both times I chatted I also got the same chat rep. So must be a tiny bank.

They claim no limitations on ACH withdrawals when pulling from outside bank. And claimed that their own limits can be adjusted upon request.

I am wondering how you intend on using this (as far as balance range and transactions) to make it worth the hassle over other options that are available out there.

[nucheiner]

I am wondering how you intend on using this (as far as balance range and transactions) to make it worth the hassle over other options that are available out there.

Looking to park it until the Real Estate market stabilizes. The options are this at 4% or Treasury bills at a slightly higher rate. Treasuries are a bit more tied up but no State tax.

[CountValentine]

Looking to park it until the Real Estate market stabilizes. The options are this at 4% or Treasury bills at a slightly higher rate. Treasuries are a bit more tied up but no State tax.

They have many branches.
Where are you seeing 4%?
You can sell t-bills held in a brokerage account any time.

[ExGingi]

Looking to park it until the Real Estate market stabilizes. The options are this at 4% or Treasury bills at a slightly higher rate. Treasuries are a bit more tied up but no State tax.

Not giving any specific advice, but with a Treasury ladder in an account that will also pay you ~3% on univested funds (and the ability to take a margin loan if you have urgent liquidity needs), and presuming you are talking about less than $250,000 so the maximum to be gained by the 4% money market is $2,500 (taxable) at most. Is it worth it?

[gozalim]

... in an account that will also pay you ~3% on univested funds ...

ויקרא שמה בישראל

[ExGingi]

ויקרא שמה בישראל

Fidelity brokerage accounts (not cash management accounts that use an FDIC deposit program) use a money market fund for uninvested funds.



or



IBKR pays for amounts over $10,000
https://www.interactivebrokers.com/en/accounts/fees/pricing-interest-rates.php

[gozalim]

brokerage accounts (not cash management accounts that use an FDIC deposit program)

Can they be 'converted'?