All Forum Posts by: Darius Tracy

@Bryan S. Absolutely thank you for your time commenting.

@Tony Castronovo The beauty in BP is there can be contrasting ideas and points of view mostly without negativity. Just you posting this thread allowed intelligent dialogue and honestly now I fully understand why some would be more selective with their requests after reading this. Either way great thread for opening the floor for this type of discussion. It all goes into serving to make the BP community even better.

@Jason Curtis Thank you for your time. Lately I have been getting a lot of mail from Marcus that I had honestly been ignoring because they were trying to get me to get a loan through them but with the information you just gave I will look into a few of their other products. Great info thanks again

I agree totally with the sentiments of @Russell Brazil, @Cody L., and @Christopher Phillips. A huge part of the reason that as a newbie I was drawn to BP was the sense of community and overall friendliness and willingness to help. I have sent colleague requests to individuals simply because their take on a particular subject was intriguing and possibly refreshing and most importantly knowledgeable. Those individuals accepted and didn’t have to take me to dinner or caress my hair through the night so overall it was harmless. No disrespect to anyone but the last thing that this beautiful platform of investing harmony needs is a cliquish prove you are worthy to be in my digital presence atmosphere. The lack of that pompous attitude is what keeps a regular joe like myself and many others like me constantly logging in.

@Bill F. Great point I wanted to get a few different perspectives but the overwhelming majority of what seems like the most sound advice for our situation is a HYSA. Thank you for your time

@Frank Sanchez Thank you for the information I feel that at this point we are going to go with one of the HYSA options as losing capital would damage our short term goals.

@Trevor Ewen Thank you for your time I will definitely be exploring these options.

@Cody L. Thank you I will be looking into what USAA has to offer in money market accounts. My question is for whatever reason funds need to be accessed is that a viable option using money market accounts or is there some type of penalty.

@Steve Bracero First of all thank you for your tIme and response It Is greatly appreciated. I actually just got done reading JL Collins’ Simple Path to wealth which gave me a much clearer understanding overall of index funds. When you say it has been rough for the last 8 weeks it that due to a market drop or other factors that you care to elaborate on?

Me and my wife practice many of the principles that we have learned along the way through the help of BP money podcast, countless books, and other resources such as a high savings rate and living a lifestyle well below what we bring in. Unfortunately what has been eating at me lately despite all this is the unbelievably low interest rate that our savings at USAA offers. I am aware of Ally and other high yield savings opportunities and was about to move my funds to one of those as accessibIlty of funds is a great concern to my wIfe but before I do so I was curious as to any other things that anyone might recommend that has been successful at earning a decent yield while accumulating capital until the next investment opportunity. I even entertained putting the money into some Vanguard index funds (VTSAX) as to get paid some dividends. I just don’t like the idea of my money not working for me at any particular point so I am open to hearing any suggestions or points of views on the matter. Thanks