Home › Forums › Financial Markets/Economics › Where is the best place to put my money?
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andymajumder.
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July 28, 2010 at 12:48 PM #584685July 28, 2010 at 1:42 PM #583657
joec
ParticipantPenfed has a 5% rewards on gas. The nice thing with them is they credit your rewards immediately each month rather than each year (like Amex Costco).
Like the other posters have said, just stick it in a CD or cash equivalent. After taxes, 100k is maybe 1k. That’s nice, but think how you’d feel if you invested it poorly and now, you can’t even buy a house.
I think Ally used to have a CD that you can tap early as well without penalty, but I don’t rate chase so haven’t been following any of it…
Penfed is generally a decent honest company to deal with I’ve felt so far (yes, I’m a customer).
July 28, 2010 at 1:42 PM #583748joec
ParticipantPenfed has a 5% rewards on gas. The nice thing with them is they credit your rewards immediately each month rather than each year (like Amex Costco).
Like the other posters have said, just stick it in a CD or cash equivalent. After taxes, 100k is maybe 1k. That’s nice, but think how you’d feel if you invested it poorly and now, you can’t even buy a house.
I think Ally used to have a CD that you can tap early as well without penalty, but I don’t rate chase so haven’t been following any of it…
Penfed is generally a decent honest company to deal with I’ve felt so far (yes, I’m a customer).
July 28, 2010 at 1:42 PM #584284joec
ParticipantPenfed has a 5% rewards on gas. The nice thing with them is they credit your rewards immediately each month rather than each year (like Amex Costco).
Like the other posters have said, just stick it in a CD or cash equivalent. After taxes, 100k is maybe 1k. That’s nice, but think how you’d feel if you invested it poorly and now, you can’t even buy a house.
I think Ally used to have a CD that you can tap early as well without penalty, but I don’t rate chase so haven’t been following any of it…
Penfed is generally a decent honest company to deal with I’ve felt so far (yes, I’m a customer).
July 28, 2010 at 1:42 PM #584393joec
ParticipantPenfed has a 5% rewards on gas. The nice thing with them is they credit your rewards immediately each month rather than each year (like Amex Costco).
Like the other posters have said, just stick it in a CD or cash equivalent. After taxes, 100k is maybe 1k. That’s nice, but think how you’d feel if you invested it poorly and now, you can’t even buy a house.
I think Ally used to have a CD that you can tap early as well without penalty, but I don’t rate chase so haven’t been following any of it…
Penfed is generally a decent honest company to deal with I’ve felt so far (yes, I’m a customer).
July 28, 2010 at 1:42 PM #584695joec
ParticipantPenfed has a 5% rewards on gas. The nice thing with them is they credit your rewards immediately each month rather than each year (like Amex Costco).
Like the other posters have said, just stick it in a CD or cash equivalent. After taxes, 100k is maybe 1k. That’s nice, but think how you’d feel if you invested it poorly and now, you can’t even buy a house.
I think Ally used to have a CD that you can tap early as well without penalty, but I don’t rate chase so haven’t been following any of it…
Penfed is generally a decent honest company to deal with I’ve felt so far (yes, I’m a customer).
July 28, 2010 at 2:49 PM #583677all
Participant[quote=flu]Maybe I should move stuff from Ally into SDCCU :)[/quote]
Ally has similar policy (and E-Loan and Wells Fargo), except Ally charges the penalty of only 60 days worth of interest.
5y CD gives better rate than your non-secured account.
July 28, 2010 at 2:49 PM #583768all
Participant[quote=flu]Maybe I should move stuff from Ally into SDCCU :)[/quote]
Ally has similar policy (and E-Loan and Wells Fargo), except Ally charges the penalty of only 60 days worth of interest.
5y CD gives better rate than your non-secured account.
July 28, 2010 at 2:49 PM #584305all
Participant[quote=flu]Maybe I should move stuff from Ally into SDCCU :)[/quote]
Ally has similar policy (and E-Loan and Wells Fargo), except Ally charges the penalty of only 60 days worth of interest.
5y CD gives better rate than your non-secured account.
July 28, 2010 at 2:49 PM #584413all
Participant[quote=flu]Maybe I should move stuff from Ally into SDCCU :)[/quote]
Ally has similar policy (and E-Loan and Wells Fargo), except Ally charges the penalty of only 60 days worth of interest.
5y CD gives better rate than your non-secured account.
July 28, 2010 at 2:49 PM #584715all
Participant[quote=flu]Maybe I should move stuff from Ally into SDCCU :)[/quote]
Ally has similar policy (and E-Loan and Wells Fargo), except Ally charges the penalty of only 60 days worth of interest.
5y CD gives better rate than your non-secured account.
July 28, 2010 at 3:57 PM #583692UCGal
ParticipantThat’s good to know Captcha.
July 28, 2010 at 3:57 PM #583783UCGal
ParticipantThat’s good to know Captcha.
July 28, 2010 at 3:57 PM #584320UCGal
ParticipantThat’s good to know Captcha.
July 28, 2010 at 3:57 PM #584428UCGal
ParticipantThat’s good to know Captcha.
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