I’m going to start up DAFgiving2π. I think the nerd market is underserved.
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Sure, so by annuitizing a smaller portion of your portfolio the hit is lower than if you annuitized everything.
I’m not sure how ethical it would be to give a discount for smoking or being overweight or having high blood pressure… it might be seen as incentivizing those things. So I don’t know what the answer is for annuities. I certainly understand the problem.
For the blood screen youd be eating bacon and eggs instead of fasting!
I suspect they have to pull all visits from last few years.
Its a bit crazy how much more money we have been spending on our cats (in the tens of thousands of $$$ over the last few years) so this kind of confirms my view of the current situation.
‘We’re Still Paying’: How Pets Became a Big Business How Pet Care Became a Big Business - The New York Times
Having pets is the new smoking cigarettes
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Don’t have your pets smoke!
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I quit smoking cold turkey.
Now I only smoke ham.
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There is always an alternative choice, but you’re probably outvoted.
An actuary published research on exactly this some years ago. Shoot, what’s his name, mosh or something? He’s famous,.smart, and knows how to explain technical stuff in a simple fashion.
Was just chatting with a friend who has a 12-month CD at 5.0% expiring today… and is putting it into another 9-month CD.
Tried to convince them to just use a HYSA like mine that earns 5.21% and is liquid. Admittedly the rate can go down but over a timespan of a year, who cares?
But they’re putting it back into the CD. I don’t understand.
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I looked at cds many many years ago…the yields were meh or worse compared to the savings account I had (and this was before online banking :heynow:). I said to myself, “Self, that’s not a good deal. Less liquidity with no compensation — no deal!”
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my bank (large national bank) lacks a decent HYSA. But they did have CDs w 5% or more. It was WAY simpler to set up the CD in the institution I already bank at than to open an account at some HYSA place and deal with transfer. Less explaining to spouse about “where is the money now?” it’s all on the same screen in the same app. took me 10 minutes to click and create and sign us both up (joint accounts and joint permission).
agree the lower liquidity is a negative
A lot of people just want to chase the maximum guaranteed return
My credit union has dropped their APR about a point on both HYSA and CD’s compared to what they were several months ago. They are offering a strange CD deal now though.
| Term | APR |
|---|---|
| 3 months | 3.80% |
| 6 months | 4.04% |
| 12 months | 4.60% |
| 18 months | 4.29% |
| 24 months | 3.98% |
Rates gradually decline at terms beyond 24 months. All that makes sense. What’s weird is that their current “special” is a 7month CD for 5.05% APR.
I have a HYSA there which is 3.75% APR. I’m not going to bother setting up a new HYSA to chance a little higher yield.
I wonder if it’s something related to their asset/liability matching??? Sure does seem weird though.
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At E*Trade it’s 4.5% and at Robinhood (gold) it’s 5.0%.
In fact Robinhood has a special where they are offering 5.5% for up two years.
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The Ally money market acct is currently 4.2% apy.
Savings account is the same…sometimes they’re different.
My Sofi savings account is 4.60%
I’m not seeing that in the app (probably just missed it) but they are offering an unlimited 1% bonus on new cash to brokerage, where you can earn those rates on cash.
You have to keep the money there for two years, and you have to have RH gold.