YAMAPIKARIYA@lemmyfi.com to Lemmy Shitpost@lemmy.world · 9 months agoGovernment bonds anyone?files.catbox.moeimagemessage-square64fedilinkarrow-up1507arrow-down125
arrow-up1482arrow-down1imageGovernment bonds anyone?files.catbox.moeYAMAPIKARIYA@lemmyfi.com to Lemmy Shitpost@lemmy.world · 9 months agomessage-square64fedilink
minus-squareshalafi@lemmy.worldlinkfedilinkEnglisharrow-up2·9 months agoYep! You’re making pennies on bank interest. Dial in your W4 tight if you wish, but the feds aren’t getting much over on ya.
minus-squareRiderExMachina@lemmy.mllinkfedilinkEnglisharrow-up3arrow-down1·edit-29 months agoWith my current bank, my return would have gotten me nearly $100 in interest over the last year.
minus-squareramble81@lemm.eelinkfedilinkarrow-up1·9 months agoI’m calling BS on that. You would have had to have a $20,000 return at 5% interest to get $1,000 in interest.
minus-squarezaphod@lemmy.calinkfedilinkEnglisharrow-up1·9 months agoYup. Folks seems to be oblivious to the fact that increased interest rates mean savings accounts are pretty decent these days if you shop around. I’m getting 4.5% in a high interest savings account which would’ve unthinkable a few years ago.
Yep! You’re making pennies on bank interest. Dial in your W4 tight if you wish, but the feds aren’t getting much over on ya.
With my current bank, my return would have gotten me nearly $100 in interest over the last year.
I’m calling BS on that. You would have had to have a $20,000 return at 5% interest to get $1,000 in interest.
Yup. Folks seems to be oblivious to the fact that increased interest rates mean savings accounts are pretty decent these days if you shop around. I’m getting 4.5% in a high interest savings account which would’ve unthinkable a few years ago.