Savers Need To Get Paid Again

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Revealed: The Hidden Message in the Horrible 30 Year Treasury Bond Auction​

Nov 10, 2023


10:33

Thursday's 30 Year Treasury Bond Auction was horrible by all measures. The higher interest rate and lack of foreign buyers may signal that long term Treasury Bond interest rates have a lot higher to go.
The bond priced at a high yield of 4.769%, which was below last month's 4.837%, and just shy of the April 2010 high. But more importantly, it tailed the When Issued by a whopping 5.3bps, which was the biggest tail on record (going back to 2016).
What affect will higher interest rates have on the stock market and housing market?
 

How To Buy Tax-Free Municipal Bonds On Schwab (Step-By-Step)​

Nov 10, 2023


16:06

Rates are up on municipal bonds! 7.16% was what the latest long-dated new issue bonds from the Triborough Bridge & Tunnel Authority went out at last month (the earliest call date is in about 10 years). Watch on as I walk you through how to buy municipal bonds on Schwab (step-by-step) in today's municipal bond investing video!
 

How Do U.S. Treasury Auctions Actually Work? (Explained Simply)​

Nov 13, 2023


16:36

How do U.S. Treasury Bill and Bond auctions actually work? If you are a noncompetitive bidder, do you get the same interest rate as competitive bidders? How do you know what interest rate you will get before the auction starts?I go over how the Dutch auction method used by the U.S. Treasury actually works. I also explain some of the bond jargon used like: when issued, snap, bid to cover, stop , tail, stop through, and on the screws.
 

Money Market Funds, Large CDs, Small CDs All Surged: Americans Figured it Out​

Money market funds have been paying over 5% since about April 2023, up from near 0% in April 2022, and Americans are liking it. A lot. And that has forced banks to compete for deposits by offering attractive interest rates on CDs. And Americans have flocked to those too.

Money market funds for retail investors rose by 0.6% in the latest reporting week from the prior week, by 2.5% over the past four weeks, and by 8.9% over the past three months, to $2.24 trillion, ICI (Investment Company Institute) reported on November 22. This includes funds that invest in government instruments, such as T-bills; funds that invest in tax-exempt securities; and prime funds that invest in non-Treasury assets.

More:

 
Just a little bump. As with anything I post, take it fwiw and dyodd.

Best Bank CD & Treasury Rates of 2023 | Up to 6.50% APY!​

Dec 15, 2023

Treasury Bills and Bank CD's are incredible fixed income assets to boost your savings! In this video, we'll discuss some of the highest yields to help you secure an amazing rate going into 2024. I'll also share my thoughts on credit unions and bond ETFs and how lucrative some can be!


11:04

🕒 TIMESTAMPS:
0:00 Introduction
0:24 About Treasury Bills
0:52 1 - 6 Months
3:03 6 - 12 Months
4:06 1 Year CDs
5:31 Credit Unions
7:53 What I'm Doing
 
Historically, has an interest-bearing savings account ever carried a rate greater than the actual rate of inflation? Have "savers" ever really been paid?
 

Think your bank's interest rates are bad? Just take a look at Japan​

  • Three major Japanese banks have hiked interest rates in recent weeks to 0.2% from 0.002%.
  • Japan's central bank has adopted a negative interest rate policy since 2016.
  • But the market is expecting the BOJ to exit its negative-rate policy next spring.
Major banks in Japan have started raising interest rates on time deposits for savers — to the tune of 0.2%, Bloomberg reported on Thursday.

More:

 
pmbug said:
I found this site/chart on the issue (but I have not done any due diligence to check how the underlying data was compiled):

View attachment 11321

www.in2013dollars.com

Savings Account Interest Rates, Inflation-Adjusted | Finance Reference

View and download inflation-adjusted savings account interest rates from 2009 to now in graph, table, and CSV format.
www.in2013dollars.com www.in2013dollars.com
Click to expand...
The data used for these charts is the "average" rate of return according to the fdic90.JPG, yes 90 years of "service".

articleinflationrates.JPG

rates.JPG

These rates really do not reflect what is available like high yield money market, which are more realistically 4+% at numerous online banks that are part of FDIC insured banks. Not endorsing saving this way but leaving in low yield when you can transfer it fee free in less that 24 hours from a 10X yield account doesn't make sense but makes for good hyperbole articles.

highyield.JPG
 
Last edited:
Bump.

Really nothing to see, can listen in one tab, surf the forum in a different tab. As always.........dyodd.

Full Show: CD Rates Rock and Top 3 Supermarkets​

Feb 22, 2024

Are CDs still a great place to stash your cash? Clark has everything you need to know to make your money work for you. Also, there’s a new report showcasing the top supermarkets in America. Clark shares the best and the worst! Is your favorite grocery store on this list?

Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the February 22, 2024, episode of The Clark Howard Show. 34 mins long.



00:00 - Intro
00:53 - CD Rates Rock
08:33 - Ask Clark - Sharing Bank Accounts Online
11:14 - Ask Clark - Home Depot Credit Card
15:42 - Ask Clark - Stud Finder
17:59 - Top 3 Supermarkets
25:08 - Ask Clark - Grocery Deals on Different Stores
27:25 - Ask Clark - International Phone Plans for Navy Officers
30:10 - Ask Clark - Using AI for Stock Trades

Mentioned on the show:
https://clark.com/personal-finance-cr...
https://clark.com/personal-finance-cr...
https://clark.com/credit-cards/store-...
https://clark.com/shopping-retail/bes...
https://clark.com/cell-phones/google-...

Channel: https://www.youtube.com/@Clark/videos
 
finance.yahoo.com

Fed Crushes Household Net Interest Income in Break From Past

(Bloomberg) -- When the Federal Reserve raises interest rates, US households — in aggregate — usually get a boost to interest income that outweighs the extra cost of servicing debt. Not this time. Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesPutin Warns...
finance.yahoo.com finance.yahoo.com
 
Checking interest rates @ local banks today. A lot under 1 % - really pathetic. Don't get why people would keep anything in these places?

Did get a 13-month cd @ 5.25 %.
 
There is also a teaser checking account rate of 4% on the first $2000 and then 1% on the balance after.
 
fat-birds-mary-poppins_a32e71f5.gif
 

Banks Starting to Face 'Revolt' From Customers: Finance Expert​

Amid a wave of rising interest rates, a "revolt" is brewing among bank customers, fueled by a growing acknowledgment that some financial institutions have not been proactive in advising them of more lucrative savings options.

Chris McMahon, the president and CEO of Aquinas Wealth Management, spotlighted customers' discontent on April 12, saying on Fox Business that entities such as Wells Fargo have seen a shift as customers migrate to higher-yield accounts, which has affected the banks' profits via its net interest income.

The shift in consumer behavior comes as banks face scrutiny for not automatically updating customer accounts to more beneficial high-yield savings options, particularly in an economic climate where the Federal Reserve's rate hikes could mean more substantial returns for savers.

"There's a little bit of a revolt going on for the customer side," McMahon said on Fox Business. "Wells [Fargo] said it was a problem for them. Customers are switching to higher-yield accounts."

The movement, driven by a better-informed public and discussed openly by financial experts, is beginning to affect traditional banking revenue streams.

More:

 
searcher said:
Checking interest rates @ local banks today. A lot under 1 % - really pathetic. Don't get why people would keep anything in these places?

Did get a 13-month cd @ 5.25 %.
Click to expand...
I suspect a lot of banks are just working as fronts for the Fed - money-laundering; taking Fed short-term member loans, plowing them into the various indexed stocks, and then selling higher a day or week later.

Lather, rinse, repeat. It used to be called "churning" - now it's apparently called "business as usual."
 

How To Buy Corporate Bonds On Fidelity | Bond Investing For Beginners​

Apr 21, 2024

7.5% investment-grade corporate bonds from Prospect Capital Corporation & how you can buy them (step-by-step) on Fidelity - that's what we'll be talking about in today's video!


13:09
 

Are Closed End Funds Too Good To Be True? CEFs vs. ETFs Explained Simply​

Jun 19, 2024

Are high yield Close End Funds too good to be true? I explain CEFs simply and compare them to how ETFs work. I show that some of these high yield dividends are actually from using leverage, or including other things like long term capital gains, short term gains, and return of capital. I compare the UTG Utility Close End Fund with the XLU ETF. Although UTG has a distribution of about 8.3%, it still has underperformed the XLU ETF. I will explain why these high distributions do not mean you are getting a better return with CEFs.


29:19

Channel: https://www.youtube.com/@FinanciallyAware/videos
 

Top 5 Dividend ETFs 2024 vs Bonds | Dividend Funds: FDVV, SCHD, VYM, VIG or DGRO?​

Jun 25, 2024 #jenniferlammer #bondbeginners #bondmasters

What are the similarities & differences between the top 5 dividend funds in our community & how do FDVV, SCHD, VYM, VIG & DGRO compare in terms of last year’s performance? Plus, what should you be mindful of when investing in dividend funds vs bonds? Watch on & find out!


12:49

SOURCES & FOLLOW-UP VIDEOS FOR TODAY'S VIDEO:

- Individual Bonds vs Bond ETFs: https://youtu.be/EReUe8utwqk
- Which Dividend Fund Wins: https://youtu.be/Zof8HkRVWCs
- FDVV vs FXAIX: https://youtu.be/F6QDCWG954Q
- SCHD vs SWPPX: https://youtu.be/PS34e1gd9Yo
- VYM, VIG vs VOO: https://youtu.be/Lk1mnQHU1Ks
- Dividend Fund vs Bonds: https://youtu.be/eZPQUvlWqWI
- https://www.fidelity.com/
- https://www.schwab.com/client-home
- https://investor.vanguard.com/home
 

Schwab's Troubles Continue: Is It The End Of The Schwab Era? | What's Happening With Schwab Bank?​

Jul 19, 2024 #jenniferlammer #bondbeginners #bondmasters

Is Schwab abandoning its banking business & is this the end of the Schwab era? Schwab's stock price hasn't stopped dropping since their Q2 earnings announcement this week. Watch on & find out what the latest Schwab news means for you & me as Schwab customers.


21:11

SOURCES & FOLLOW-UP VIDEOS FOR TODAY'S VIDEO:

- Schwab Q1 2024 Update: https://youtu.be/dRuieAoZ9PE
- Schwab Money Market Funds: https://youtu.be/Sydo00hfmJo
- How To Buy T-BIlls On Schwab: https://youtu.be/mPWiEDlVwsI

- https://www.google.com/finance/quote/SCHW:NYSE
- https://finance.yahoo.com/quote/SCHW/history/
- https://www.aboutschwab.com/investor-relations
- https://www.schwab.com/cash-investments
- https://www.schwab.com/money-market-funds
- https://banks.data.fdic.gov/bankfind-suite/financialreporting
 

Fidelity, Schwab, Vanguard, E-Trade & Merrill Edge: How Safe Is My Money?​

Jul 26, 2024 #jenniferlammer #bondbeginners #bondmasters

You have your hard earned money at Fidelity, Schwab, Vanguard, E-Trade or Merrill Edge - maybe even your life savings. But is that money really safe if your broker were to collapse? How does SIPC coverage actually keep your money safe, when does “excess of SIPC” coverage come into play & how much is it at Schwab, Fidelity, Vanguard, E-Trade & Merrill Edge?


19:57

SOURCES & FOLLOW-UP VIDEOS FOR TODAY'S VIDEO:

- Detailed SIPC video: https://youtu.be/kY5BswpUlf4
- ERISA & Your 401(k) video: https://youtu.be/SAJu0oG6bb0
______

- https://www.sipc.org/list-of-members/
- https://www.sipc.org

- https://www.sipc.org/for-investors/what-sipc-protects
- https://www.sipc.org/for-investors/investors-with-multiple-accounts
- https://www.sipc.org/for-investors/investor-faqs
- https://www.finra.org/investors/insights/if-brokerage-firm-closes-its-doors
- https://www.fidelity.com/why-fidelity/safeguarding-your-accounts
- https://us.etrade.com/l/f/asset-protection
- https://www.merrilledge.com/help-support
- https://www.schwab.com/legal/account-protection
- https://international.schwab.com/account-protection
- https://www.sipc.org/media/annual-reports/2023-annual-report.pdf
 

Is Fidelity The Best Brokerage Firm? | How Safe Is Fidelity Investments?​

Aug 2, 2024 #jenniferlammer #bondbeginners #bondmasters

This is the Fidelity video many of you have asked for! Should you keep your money with Fidelity? How well is Fidelity doing financially? How does Fidelity make its money & are they a solid & growing company? Who owns Fidelity & why do we know so little about how it’s doing? Watch on & find out!


19:50

SOURCES & FOLLOW-UP VIDEOS FOR TODAY'S VIDEO:

- Broker Safety & SIPC Coverage 2024: https://youtu.be/7Mmnd-UMKg8
- How SIPC Works 2023: https://youtu.be/kY5BswpUlf4
- Recent Schwab Video: https://youtu.be/-OwBA79uIt0

- https://www.schwab.com/
- https://www.fidelity.com/
- https://investor.vanguard.com/corporate-portal
- https://www.blackrock.com/us/individual
- https://www.sec.gov
- https://www.advratings.com/top-asset-management-firms
 

Top CD Rates August 2024 | 9% Promotional CD Offer Through December 9th (NCUA Protected)​

Aug 6, 2024 #jenniferlammer #bondbeginners #bondmasters

The top CD rate in 2024 that we've found pays 9% - what’s the catch & do you qualify? If you don’t qualify, what are some of the best 3-month to 60-month CD rates you can get from the top online banks currently? Plus, re CD rates currently better than Treasuries & what other factors should you consider?


8:40

SOURCES & FOLLOW-UP VIDEOS FOR TODAY'S VIDEO:
- LATEST WEEKLY BOND UPDATE: https://youtu.be/VsCimzbaSY8
- COMPARING CD vs TREASURY RATES WITH FIDELITY'S CALCULATOR: https://youtu.be/j5FQtbUoPtc
- 9% CD OFFER: https://www.expresscu.org/bank/cd/

- https://mapping.ncua.gov/
- https://www.bcu.org/resources/campaign/pr-deposit-specials
- https://www.truliantfcu.org/locations
- https://alto.bmo.com/en-us/high-yield-cd/
- https://savings.breadfinancial.com/products/certificates-of-deposit
- https://www.capitalone.com/bank/cds/online-cds/
- https://www.marcus.com/us/en/savings/high-yield-cds
- https://www.synchronybank.com/banking/cd/
- https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_
 
^^^^
Part 2

Part II: Top CD Rates August 2024 | 9.5% 5-Month CD (NCUA Protected)​

Aug 10, 2024 #jenniferlammer #bondbeginners #bondmasters

Where can you get this 9.5% 5-Month CD & what are the restrictions? Where can you get a 5%+ 36 or 48-month CD currently & how? We have an almost secret-tip for this one! Plus, what other top 6-month to 18-month CD offers has our community sent our way?


11:38

SOURCES & FOLLOW-UP VIDEOS FOR TODAY'S VIDEO:

- https://www.calcoastcu.org/cd-accounts/celebration-certificate/
- https://www.calcoastcu.org/membership-benefits/
- https://www.tegfcu.com/certificates-iras/
- https://www.dcspca.org/donations
- https://www.eaglebankcorp.com/personal-banking/cd/
- https://www.morganstanley.com/what-we-do/wealth-management/cd-savings
 

The Big 401(K) Mistake | Weekly Bond Yield Update​

Aug 11, 2024 #jenniferlammer #bondbeginners #bondmasters

It’s been another wild week in the bond & equity markets - did you lose or make money? Who made stupid (or rash) money decisions & how can you avoid this the next time there is a market sell-off? Plus, where did Treasury yields end the week & what are the highest-yielding new issue agencies, corporates & CDs going out at?


11:15

SOURCES & FOLLOW-UP VIDEOS FOR TODAY'S VIDEO:

- https://www.bloomberg.com/news/articles/2024-08-06/401-k-account-trading-stock-plunge-pushed-savers-to-tweak-accounts
- https://home.treasury.gov/policy-issues/financing-the-government/interest-rate-statistics
- https://www.treasurydirect.gov/auctions/upcoming/
- https://www.bls.gov/schedule/news_release/cpi.htm
- https://www.fidelity.com/
 

Financial Advisor Says: Sell Your Treasuries, Buy Stocks​

Aug 14, 2024 #jenniferlammer #bondbeginners #bondmasters

Do you own too many Treasuries? How much safety do you really need & how might you figure it out? Should be buying more stocks? What do you do when a financial advisor or spouse recommends money decisions that you're not comfortable with? Watch on & learn more about this real-life example! Names may have been changed & certain details excluded for privacy purposes.


11:12
 

Vanguard: Trouble or Triumph | Where Is Vanguard Headed?​

Aug 16, 2024 #jenniferlammer #bondbeginners #bondmasters

How much money does Vanguard make & is there trouble brewing beneath the surface of this brokerage behemoth? Watch on as we talk about all this & more, including:

1. One. Who owns Vanguard?
2. How does Vanguard make its money?
3. How is Vanguard doing relative to Fidelity, Schwab & Blackrock & what challenges may lie ahead? New fees, new CEO & maybe a new direction?


23:02

- Fidelity Deep-Dive: https://youtu.be/ddi6rVQvDGA
- Schwab Deep-Dive: https://youtu.be/-OwBA79uIt0
- SIPC Video 1: https://youtu.be/7Mmnd-UMKg8
- SIPC Video 2: https://youtu.be/kY5BswpUlf4

- https://corporate.vanguard.com/content/corporatesite/us/en/corp/who-we-are/sets-us-apart/facts-and-figures.html
- https://www.advratings.com/top-asset-management-firms
- https://investor.vanguard.com/investment-products/cash-investments
- https://corporate.vanguard.com/content/corporatesite/us/en/corp/who-we-are/pressroom/press-release-vanguard-announces-appointment-salim-ramji-new-ceo-05142024.html
 

Cash-loving investors dig in even as US rate cuts threaten payouts​

August 30, 2024

  • Assets in US money markets hit $6.24 trillion in August
  • Investors' dedication to cash could be tested by faster or deeper Fed rate cuts
  • Cash remains popular with individual investors despite potential for higher returns elsewhere
Aug 30 (Reuters) - A golden era for cash may be winding down as the Federal Reserve gets ready to cut interest rates. Many fans of the investment class are staying put anyway.

Assets in U.S. money markets hit a record $6.24 trillion this month, data from the Investment Company Institute showed on Aug. 21, even as markets became increasingly confident that the Fed was gearing up to lower rates at its Sept. 17-18 meeting.

More:

 

Is 500,000 Not Enough? Bonds, Annuities & Equities For Retirement?​

Sep 10, 2024 #jenniferlammer #bondbeginners #bondmasters

What if you don’t have millions? Is $500,000 enough to retire & how would we invest/ladder $500,000 of retirement savings right now? OR do you really need a million dollars, or perhaps even $2 million dollars to retire?


30:20

SOURCES & REFERENCED VIDEOS FOR TODAY'S VIDEO (AS APPLICABLE):
- Felicity Video: https://youtu.be/a1mRe1c1yAY
- Boomer Candy ETFs & Funds: https://youtu.be/X4TDhFxM1ws
- Which Dividend Fund Wins: https://youtu.be/Zof8HkRVWCs
- https://www.fidelity.com/
- https://www.massmutual.com/
 

The Penalty on American Savers and How USAs Fix It​

About 5 million taxpayers pay, on average, $6 billion in penalties each year for spending their retirement savings earlier than the government prescribed. These penalties make lower-income Americans financially worse off and discourage others from saving at all.

Universal savings accounts (USAs) fix this problem. They would give more Americans access to a savings system that protects their investments from multiple layers of tax without punishing them for needing to access their funds on their own timeline.

More:

 

Where To Put Your Cash This Week | Highest-Yielding New Issue Bond Offering We’ve Found​

Oct 9, 2024 #jenniferlammer #bondbeginners #bondmasters

A 5.2% coupon for at least the next 10 years - is this something for you? Plus, should you wait until a new debt ceiling is approved before buying more Treasuries or perhaps consider corporate or municipal bonds in the meantime? And what's the difference between a bond's coupon & its yield to maturity? Watch on & find out!


10:38

- Corporate Bond Investing Videos: https://youtube.com/playlist?list=PLsv_4H5rP97FcOfmuWfbBZ-C24vZbmbSD&si=315ZJS2ozr9uudy3
- Debt Ceiling & US Default Videos: https://youtube.com/playlist?list=PLsv_4H5rP97Gm1JONKBybknt4hjDiwXV3&si=51NecuwOEnJw-UCT

- https://www.fidelity.com/
- https://www.schwab.com/client-home
- https://investor.vanguard.com/home
- https://us.etrade.com/home/welcome-back
- https://bipartisanpolicy.org/debt-limit-history/
- https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/
 
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