GameSTONKS Thread - Power to the meme's

[Kaslo]

Memestocks rallying today lol

[Zealot]

I sold my AMC, I think it's gonna go down and I want cash on hand to buy more when it does.

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[synistar]

Nowhere is even paying 1%. It's all shit right now.

https://phatwalletforums.com/topic/1...iquid-accounts

Yep. Won't find any good HYS for a while. I think I was getting 2.5% before rates took the nose dive on my tiered Money Market Savings plan at my credit union.

[Zetanio]

I wish I had USAA, that shit is tite.

[Dantrag]

I wish I had USAA, that shit is tite.

I have USAA for checking/credit card/insurance. But their home insurance nearly fucking doubled this year, so probably going to switch.

[Zealot]

Huh, I'm eligible for USAA, lots of vets in the family.

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[BerenTebogo]

In other news, this thread finally got me off my ass to change my TDA 403b contribution. Now total contribution between personal and employer matching is 22%.

[Dimmauk]

I wish I had USAA, that shit is tite.

It is. I love it

[Boyiee]

Nowhere is even paying 1%. It's all shit right now.

https://phatwalletforums.com/topic/1...iquid-accounts

Damn. Thanks for the link I was on nerdwallet earlier I'm just looking for a place to drop 50-100 initial and once in a while pull 3 5 10 whatever it costs for a major house project.

Ally axios alliant come up a lot but I don't care what it is as long as it's better than a traditional savings and I can do a large transfer to my regular checking once in a while. I guess ideally I'd have a major/local bank for checking + savings, the hys, and then everything else in ira/Roth/401k/brokerages.

[BerenTebogo]

Damn. Thanks for the link I was on nerdwallet earlier I'm just looking for a place to drop 50-100 initial and once in a while pull 3 5 10 whatever it costs for a major house project.

Ally axios alliant come up a lot but I don't care what it is as long as it's better than a traditional savings and I can do a large transfer to my regular checking once in a while. I guess ideally I'd have a major/local bank for checking + savings, the hys, and then everything else in ira/Roth/401k/brokerages.

I know you wont do it, but this is where I tell you that there are a number of crypto that give 5-10% APR returned in the currency you are staking. So it fluctuates with the market, but on the whole over the past year it has been all up.

[Julian]

I'm getting 0.5% on my Ally account right now.

It's not great, but rates are low everywhere right now. Still beats just leaving it in a checking account getting like 0.01~0.03%.

Unless you're saving up for something specific (or if you're making bank lol) in a few years time window (downpayments, house projects, etc.), you probably shouldn't have more than 10~20k just sitting there.

[Boyiee]

I know you wont do it, but this is where I tell you that there are a number of crypto that give 5-10% APR returned in the currency you are staking. So it fluctuates with the market, but on the whole over the past year it has been all up.

I mean I could toss it in spy or something too for great returns but the idea is to have it readily accessible if I want to redo a bathroom or get garage doors installed.

[Boyiee]

I'm getting 0.5% on my Ally account right now.

It's not great, but rates are low everywhere right now. Still beats just leaving it in a checking account getting like 0.01~0.03%.

Unless you're saving up for something specific (or if you're making bank lol) in a few years time window (downpayments, house projects, etc.), you probably shouldn't have more than 10~20k just sitting there.

Yeah we got some house projects coming up (3 bathrooms, shed, painting, fencing, playset) so I need to access it but I'll have more than that left to sit somewhere for uh-ohs and accrual.

[BerenTebogo]

I mean I could toss it in spy or something too for great returns but the idea is to have it readily accessible if I want to redo a bathroom or get garage doors installed.

What part of it being in stonks or crypto means it isn't readily available? I'm really confused about this. If you really need the money NOW you just market sell what you need and withdraw.

This might be one of those things that is easier with crypto than with stonks since there are apps (including things like cashapp and circlepay) where you can just convert whatever crypto you have into USD and conduct transactions without any wait time for transferring to a bank. The more rushed you are the more you're likely to pay in fees in both cases but still better than getting near 0 return, no?

[Salodin]

I almost got a sava call for $1400 when sava was at $80 today...but it was too much for my blood. I'd be up over $2.5k if I had done it tho

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[Zetanio]

What part of it being in stonks or crypto means it isn't readily available? I'm really confused about this. If you really need the money NOW you just market sell what you need and withdraw.

This might be one of those things that is easier with crypto than with stonks since there are apps (including things like cashapp and circlepay) where you can just convert whatever crypto you have into USD and conduct transactions without any wait time for transferring to a bank. The more rushed you are the more you're likely to pay in fees in both cases but still better than getting near 0 return, no?

taxes

[Zetanio]

GME YOLO update — Feb 3 2021 – heads up gonna back off the daily updates for now

hm

[Zetanio]

god that subreddit is full of fucking retards

[Boyiee]

What part of it being in stonks or crypto means it isn't readily available? I'm really confused about this. If you really need the money NOW you just market sell what you need and withdraw.

This might be one of those things that is easier with crypto than with stonks since there are apps (including things like cashapp and circlepay) where you can just convert whatever crypto you have into USD and conduct transactions without any wait time for transferring to a bank. The more rushed you are the more you're likely to pay in fees in both cases but still better than getting near 0 return, no?

It's so much easier to write a check or go to an ATM or do a bank to bank transfer and have the money as cash in my hand within 15 minutes no matter the amount. There's also the inherent risk of things going down at all. I'd rather they not move in a savings account or at a low apr because that's what my investments my retirement and my IRAs are for.

Also taxes.

[Jefe]

Sath are you an eth validator? Also, are you golding GRT? Project looks interesting, I'd drop a few bucks man. Damn, my memelines show eth approaching the 3.618 fib extension. I almost sold my bag ngl but I'm going to ride it a bit more. AAVE is up a 22%, thank you based ghosts.