$10k 4.99% apy, sell stocks ? I’m wondering if it makes more sense to pay my car off with the stocks I have or if I would get better returns with the stocks that I have. I was thinking of starting to make additional payments on my loan with just the principal but some people have suggested just paying the car off outright with what stocks I have. Here’s a snapshot of my sit…

I invested some money in a bank certificate for 12 months. APY is 5.1% and dividend rate is 4.985% The monthly interest earned goes into the certificate. As the money goes up in the account shouldn’t the monthly amount earned rise every month? Why does it goes up and down? Starting with June was 4.58, 12.26, 13.16, Sep 7.16, 14.94, Nov 8.88. What am I not understanding here? Is there an external factor that I am missing. I thought these rates…

Locking all savings into somewhere with 4% APY for 5 years -VERSUS- putting it all into the stock market for 5 years. Is the former really a bad idea? Assume that I have additional emergency savings which I am not locking up. This question is only about savings that I can comfortably invest: Is it really that bad in the short term to just go for the guaranteed 4% APY for 5 years, versus putting it in the stock market for the same amount of time? Is the expected return from stocks that much be…

Is apy paid monthly but calculated over the year? ($35k x 0.05) / 12 months ≈ $146/month Just double checking that the interest is paid monthly but that it isn’t 5% of the full balance every month. submitted by /u/Firm_Bit

If you invest in a 20-year Treasury Bond at 4.5% APY, is there a way to make the APY profits automatically add to it at that same 4.5% rate for the entire 20 years? Let us say that I invest $50,000 into a 20-year Treasury Bond today for a 4.5% rate. Is there a way to make it so that any APY profits (~$2,500) are automatically also added into the Bond at that same 4.5% rate for the entire 20 year span? Even if for the next 20 years, the market TreasuryBond rate is like 1%? That way, it keeps building and bui…

11-Month Certificate at 6.25% APY Truliant Federal Credit Union is offering *11-Month Certificate of Deposit* (CD) at *6.25% APY* with *$5000 Minimum Deposit*. Thanks to community member *swami.ganapathi* for sharing this deal. …

Is 4.6% APY a normal rate that will probably be around another 5, 10 years from now? Or is it something new that has a likelihood to drop in the near future? I’m talking about how a lot of banks are offering like ~5% savings accounts, and Treasury Bills having ~4.6% APY, and CD Savings with ~5% APY, et cetera. I’ve never participated in this stuff before, and barely understand it yet. But the thing is: I probably need to hold on to the Savings in my account for emergency funds, rather than lock them…

New Vanguard Cash Plus account offers 4.7% APY https://investor.vanguard.com/accounts-plans/vanguard-cash-plus-account currently invitation only no minimums or fees 1.25 million FDIC coverage submitted by /u/retirement_savings

CIT Bank Platinum Savings: Earn Up to 5.05% APY* CIT Bank our partner, offers the following benefits with their Platinum Savings account.Must have a minimum daily balance of $5000 to earn 5.05% APYNo account opening or maintenance…

Milli Bank 5.25% APY? So there’s barely any info at all on this Milli bank other than a post on here 8 months ago lol. Is anyone using it? Thoughts on it? It’s FDIC insured so I’m very tempted to dump the majority of my savings into that. Currently, I’m with Varo and SoFi. submitted by /u/Rogeliogarcia120

Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits) Ally is offering their *Ally Bank: 9-Month High Yield Certificate of Deposit* (CD) at a *5% Annual Percentage Yield on All Balance Tiers* (No Minimum Deposit) when you open an account and deposit…

How to Best Take Advantage of Vanguard 4.25% APY Savings The main question I have is essentialyl the title, but some details make it a little more complicated–hence the post. I’m in need of opening a savings account in general. I just graduated uni, have begun making much more money, and want to begin to optimize my finances. I don’t have any debt, have stable credit, and am self-employed. I’m intere…