Author Topic: Saving Accounts- Advice  (Read 627 times)

0 Members and 1 Guest are viewing this topic.

Offline the.irvine

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 12
  • -Received: 24
  • Posts: 219
Saving Accounts- Advice
« on: October 23, 2018, 09:35:03 PM »
All-

Other than stocks and buying real estate in Irvine where would you invest 200K-300K cash. Looking for best options with decent interest rates. 

Thx

Offline woodburyowner

  • O.C. Resident
  • ***
  • Thanks
  • -Given: 54
  • -Received: 112
  • Posts: 786
Re: Saving Accounts- Advice
« Reply #1 on: October 23, 2018, 09:49:23 PM »
Look into short term treasury bonds.  Rates are >2% and CA tax exempt.

Offline aquabliss

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 163
  • -Received: 647
  • Posts: 3380
Re: Saving Accounts- Advice
« Reply #2 on: October 23, 2018, 09:55:31 PM »
You could buy Annaly Capital REIT shares (ticker: NLY).  Don’t expect much return in the share price but the dividend is 12%

The following member(s) thanked this post:


Offline momopi

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 597
  • -Received: 334
  • Posts: 1498
Re: Saving Accounts- Advice
« Reply #3 on: October 24, 2018, 01:24:17 PM »

I wouldn't call it "decent rate of return", but Fidelity has CD and Bond Ladder tools that you can play with.

Online daedalus

  • O.C. Resident
  • ***
  • Thanks
  • -Given: 135
  • -Received: 166
  • Posts: 582
Re: Saving Accounts- Advice
« Reply #4 on: October 24, 2018, 09:42:01 PM »
I'm getting 2.1% in an Ally no-penalty CD.  11 month term, close it anytime before then if you want to and keep all accrued interest.

Offline Cares

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 0
  • -Received: 20
  • Posts: 137
Re: Saving Accounts- Advice
« Reply #5 on: October 24, 2018, 10:14:08 PM »
You can consider real estate syndication with a good waterfall payoff structure.

Offline nosuchreality

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 94
  • -Received: 326
  • Posts: 1537
Re: Saving Accounts- Advice
« Reply #6 on: October 25, 2018, 07:34:34 AM »
You can consider real estate syndication with a good waterfall payoff structure.

Know any open ones whose return isnt heavily dependent on 3-5 year appreciation of the underlying property?


Online Kenkoko

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 26
  • -Received: 32
  • Posts: 146
Re: Saving Accounts- Advice
« Reply #7 on: October 25, 2018, 11:11:32 AM »
18/19 months CD now yields over 3%.

Offline Netperx

  • Tourist
  • *
  • Thanks
  • -Given: 6
  • -Received: 2
  • Posts: 15
Re: Saving Accounts- Advice
« Reply #8 on: October 25, 2018, 12:05:35 PM »
Ally has a 1% back promotion up to $1000 right now (100k investment)
Free money but you have to park it till February I believe.


I'm getting 2.1% in an Ally no-penalty CD.  11 month term, close it anytime before then if you want to and keep all accrued interest.

Offline woodburyowner

  • O.C. Resident
  • ***
  • Thanks
  • -Given: 54
  • -Received: 112
  • Posts: 786
Re: Saving Accounts- Advice
« Reply #9 on: October 25, 2018, 12:26:59 PM »
Ally has a 1% back promotion up to $1000 right now (100k investment)
Free money but you have to park it till February I believe.


I'm getting 2.1% in an Ally no-penalty CD.  11 month term, close it anytime before then if you want to and keep all accrued interest.

This promo is over now.

Offline Panda

  • "Live a life that will help others financially, spiritually, physically, and emotionally. Live a life that serves as an example of what an exceptional life could look like."
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 251
  • -Received: 349
  • Posts: 1476
  • Gender: Male
  • Location: Johns Creek, GA
    • www.realwealthmanagement.com
Re: Saving Accounts- Advice
« Reply #10 on: November 09, 2018, 08:05:11 PM »
Curious what you all think about this CD offer for the top step of the step stool.  3.55% CD for 30 months plus 2 years of AMZN Prime ($238 value) if you deposit $50k for CD and open a $1k checking account.  Thoughts?

https://www.bankatunited.com/Landing/30-Month-CD?gclid=Cj0KCQiAlIXfBRCpARIsAKvManxhTgwOd7lkVci-y6Yb-gLKOP9Hj7ncrfvS9cjHx70qAiCU51h7mskaAqE0EALw_wcB&gclsrc=aw.ds
James Park, MBA
Real Estate Broker and Loan Officer
CalBRE# 01894781, NMLS License # 1572291
Direct: (678) 865-6250
Email: jpark@johnscreekrealtypartners.com

http://www.biggerpockets.com/users/Panda
http://www.johnscreekrealtypartners.com

Offline Panda

  • "Live a life that will help others financially, spiritually, physically, and emotionally. Live a life that serves as an example of what an exceptional life could look like."
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 251
  • -Received: 349
  • Posts: 1476
  • Gender: Male
  • Location: Johns Creek, GA
    • www.realwealthmanagement.com
Re: Saving Accounts- Advice
« Reply #11 on: November 09, 2018, 08:08:01 PM »
 8)
« Last Edit: November 10, 2018, 03:49:48 AM by Panda »
James Park, MBA
Real Estate Broker and Loan Officer
CalBRE# 01894781, NMLS License # 1572291
Direct: (678) 865-6250
Email: jpark@johnscreekrealtypartners.com

http://www.biggerpockets.com/users/Panda
http://www.johnscreekrealtypartners.com

 

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters


Related Links

Recent Posts

Re: Streaming Services by qwerty
[Today at 07:09:28 PM]


Re: The Great Crash 10 Years Later by fortune11
[Today at 06:56:57 PM]


Can you get license plate at AAA? by shadyoc
[Today at 06:51:53 PM]


Re: The Great Crash 10 Years Later by eyephone
[Today at 04:21:44 PM]


Re: When would be next housing Bottom? by Mety
[Today at 04:20:15 PM]