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MARCUS Bank (Goldman Sachs) 6 Month CD 5.1% ($500 mimimum to open)

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Joined Jan 2011
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briank642
06-12-2024 at 10:29 AM.

Our community has rated this post as helpful. If you agree, why not thank briank642

06-12-2024 at 10:29 AM.
6 month US treasuries paying 5.35%
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duky
06-12-2024 at 10:53 AM.
06-12-2024 at 10:53 AM.
Wealthfront paying 5% without having to lock up your cash for any period of time
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SUCHaDEAL
06-12-2024 at 10:59 AM.
06-12-2024 at 10:59 AM.
Quote from duky :
Wealthfront paying 5% without having to lock up your cash for any period of time
Rates are headed down, so good luck getting 5% 3-5 months from now.
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FancySofa6464
06-12-2024 at 11:01 AM.
06-12-2024 at 11:01 AM.
Quote from SUCHaDEAL :
Rates are headed down, so good luck getting 5% 3-5 months from now.

Glad to see we have a member of the federal reserve on Slickdeals.
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Joined Aug 2011
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mysql
06-12-2024 at 11:03 AM.
06-12-2024 at 11:03 AM.
Quote from SUCHaDEAL :
Rates are headed down, so good luck getting 5% 3-5 months from now.
Funny. At this point, no rate drops are estimated for the year. Inflation has been sticky.
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reedie
06-12-2024 at 11:40 PM.
06-12-2024 at 11:40 PM.
Quote from briank642 :
6 month US treasuries paying 5.35%
Which ones? Bonds are lower
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yaoz889
06-13-2024 at 05:34 AM.
06-13-2024 at 05:34 AM.
Quote from mysql :
Funny. At this point, no rate drops are estimated for the year. Inflation has been sticky.

Fed said one this year, probably in September
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strange_kiddo
06-13-2024 at 07:47 AM.
06-13-2024 at 07:47 AM.
Has anybody used Forbright bank? Saw an ad and they are advertising 5.3% savings accounts.
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briank642
06-13-2024 at 08:38 AM.
06-13-2024 at 08:38 AM.
Quote from yaoz889 :
Fed said one this year, probably in September
...no they didn't. It's a GIANT maybe at this point.
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briank642
06-13-2024 at 08:40 AM.
06-13-2024 at 08:40 AM.
Quote from reedie :
Which ones? Bonds are lower
6 month US Treasuries - here's a CUSIP: 912797HP5
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yaoz889
06-13-2024 at 08:41 AM.
06-13-2024 at 08:41 AM.
Quote from briank642 :
...no they didn't. It's a GIANT maybe at this point.

It is a maybe for September, but majority of the fed officials think at least 1 this year. EU and UK already started cutting
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MMPG
06-13-2024 at 09:51 AM.
06-13-2024 at 09:51 AM.
Quote from duky :
Wealthfront paying 5% without having to lock up your cash for any period of time
Man, I love WF...Moving money in and out so fast...a day or two max.
But after the whole Yotta thing, I moved all out of WF...I know I might not fully understand the whole issue...don't have the time to entertain myself with research and reading...so I play the safe card and moved back to the real bank of Discover bank...It was a pain..money wasn't ready 3 business days later....

But I figured 5% vs 4.25% wasn't really that much different (I don't have a lot of money...)
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briank642
06-13-2024 at 10:47 AM.
06-13-2024 at 10:47 AM.
Quote from yaoz889 :
It is a maybe for September, but majority of the fed officials think at least 1 this year. EU and UK already started cutting
And in January they expected 3 rate cuts, yet here we are...
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mysql
06-13-2024 at 04:45 PM.
06-13-2024 at 04:45 PM.
Quote from yaoz889 :
Fed said one this year, probably in September
they also said a half dozen not that long ago. They're just scaling back expectations.
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