You're trolling.
Assuming you are not trolling. CIT bank, Ally and Barclays offer higher yield. Also, learn to google search for high yield CD or savings account.
Barclays had promo rate above 2% for 12 months term. The website is ugly but you'll need it once or twice.
Credit unions?
Also I hope you're either trolling or have 400k liquid out of like 5m invested around
I am not trolling dude. Was looking for genuine advise. Is 400k a huge amount for you. Thanks to all those who made useful suggestions here.
Well the compound interest on it is kinda big if you let it sit like that. That's again assuming it's not like 5-10% of your worth at most
Buy some investment grade muni bond funds. No fed tax.
šæ Iām in the same boat
Wealthfront, CIT bank, Simple
Capital One still giving 1.9% for large money market accounts(20k+ I think). That being said investing some of that, even in these questionable times, isnāt a bad idea. The market always goes up with enough time. Iāve yet to do a CD because they arenāt much better than 2% and less liquid for the rate.
Software Engineering Career
Yesterday
3061
L4 Google -> 45 interviews, 5 offers, AMA
Tech Industry
Yesterday
3608
BREAKING: Internal sources confirm another round of layoffs just hit emails at Tesla. For real.
Tech Industry
Yesterday
1188
The man I love hates me because Iām Vietnamese
India
Yesterday
547
Would an average Harvard/Stanford/MIT student be able to crack JEE and get into an old IIT?
Tech Industry
4d
43190
What happens when most of your team is Indian?
What the fuck? How do you get that far without thinking that you should probably do some research on investment / savings / retirement options?
Giving benefit of the doubt, it could have been windfall
To be fair, if you figure that the stock market is right about ready to fall off a cliff after this 11 year bull run, it might make sense as a risky bear bet to hold so much cash.