Author Topic: Cash Parking  (Read 13506 times)

jheizer

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Re: Cash Parking
« Reply #75 on: April 11, 2018, 04:37:40 PM »
Do you ask yourself the same question when buying stocks?

That is a ridiculously good question.  I guess because on so many the issue size is so small vs market cap of a stock it effects how I think about it.

BUT I just realized why I've been missunderstanding so much.  I do most of my trading in etrade and they are showing bonds with both current bids and/or offers.  So the ones i thought were sitting were really buy orders.  Pulling it up in schwab, the starting YTM is way lower.  I totally overlooked that before.
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Rob L

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Re: Cash Parking
« Reply #76 on: April 11, 2018, 04:48:32 PM »
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I'll say two Hail Moonbeams and see if I stop seeing a strange resemblance between modern day California politics / 1860's era Southern States.

Interesting.  I've not heard that comparison before.  There are many problems with California politics.  I'm doin' what I can, but I'm all alone here!

Well, it just kinda strikes me as the new home of indentured servitude.  They pay, but, relatively speaking, it looks to me just a little bit too much like a smug liberal version of sharecropping, complete with the continual importation of labor (which then votes "correctly"). ;)

I think some guy published a piece along this line in The Atlantic a few weeks back, but the outcry from the overlords made 'em retract.

That guy is lucky he's not in the Atlantic, now (like tied to a boat anchor, at the bottom of it) - after saying truths out loud that made it uncomfortable for agriculture and the H1-B tech mafia...  Luckily, they're still polite out there and he's just being shunned at dinner parties (and being unfriended on the Facebook / losing "followers" / getting mean frowny faces or whatever.)

(If you're feeling lonely, say two Hail Rohrabachers and head Orange-way?)

A native Californian that paints a rather bleak picture of California is Victor Davis Hanson.
https://en.wikipedia.org/wiki/Victor_Davis_Hanson
He's a very adept public speaker and has numerous interviews and lectures on YouTube.
If your politics is not conservative I doubt you'll like what he has to say.
Me; I don't watch the news any more. I don't even know what the news is anymore.

FWIW I feel very fortunate to live in Virginia. Our state income tax is 5.75% and all social security income is excluded.
WalletHub ranks Virginia the overall 5th best state in which to retire and 18th in affordability.
https://wallethub.com/edu/best-and-worst-states-to-retire/18592/

Virginia also ranks 21st overall best state to raise a family; 17th in education and 13th in affordability.
California ranks 10th overall best state to raise a family; 27th in education and 29th in affordability. (#1 in Family Fun Rank though; WallyWorld I guess)!
https://wallethub.com/edu/best-states-to-raise-a-family/31065/


jheizer

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Re: Cash Parking
« Reply #77 on: April 11, 2018, 05:15:32 PM »
IL ranks best state to raise your taxes then drop the money in the toilet.  Oh and my property taxes are just totally awesome too.
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lascott

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Re: Cash Parking
« Reply #78 on: April 12, 2018, 01:31:30 AM »
IL ranks best state to raise your taxes then drop the money in the toilet.  Oh and my property taxes are just totally awesome too.
There is this if you are withdrawing from an IRA
https://www.retirementliving.com/taxes-alabama-iowa#ILLINOIS
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Retirement Income Taxes: Illinois does not tax distributions received from qualified employee benefit plans, including 401(K) plans; an Individual Retirement Account, (IRA) or a self-employee retirement plan; a traditional IRA that has been converted to a Roth IRA; the redemption of U.S. retirement bonds; state and local government deferred compensation plans; a government retirement or government disability plan, including military plans; railroad retirement income; retirement payments to retired partners; a lump sum distribution of appreciated employer securities; and the federally taxed portion of Social Security benefits.
Similar site:
https://www.kiplinger.com/tool/retirement/T055-S001-state-by-state-guide-to-taxes-on-retirees/index.php?map=&state_id=14&state=Illinois
Tools I use: (main) BlueVestment: https://www.bluevestment.com/app/pricing + https://www.interestradar.com/ , (others) Lending Robot referral link: https://www.lendingrobot.com/ref/scott473/  & Peercube referral code: DFVA9Y

jheizer

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Re: Cash Parking
« Reply #79 on: April 12, 2018, 08:01:24 AM »
Wow.  Bet they catch that make it 3x the average rate soon.  Lol

I'm only 34 so sure that'll change by the time need it.
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Rob L

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Re: Cash Parking
« Reply #80 on: November 07, 2018, 05:41:11 PM »
The 3% for 5 years (3 for 5) CD club has been usurped.
The 4% for 5 year CD club now has its first member, available to all, from Connexus.
EWP is 365 days of interest. Pretty much in line. I've seen some CD's with "payday loan" commensurate EWP's but this isn't one.
https://www.connexuscu.org/accounts/share-certificates/
https://www.depositaccounts.com/banks/connexus-credit-union.html#rates
"The times they are a'changin".


jheizer

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Re: Cash Parking
« Reply #81 on: November 07, 2018, 06:02:56 PM »
Nice to see 2 year maturities over 3%
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