Row 17414

Row ID: 17414 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 17414 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I had a similar situation selling my home last year. I parked it in a savings account with one of the big banks. But they only paid 3%. Eventually I put it in a SWVXX which is a money market paying over 5%. But I understand you don't want any hiccups with transferring so my best advice is a high yield savings account like UFB. Axos bank is their parent bank. I have a small amount in UFB Direct and have had no issues. You can do wires so when you need to transfer it out it's rather easy. They pay 5.25%.

Just be sure to put enough aside to cover capital gains taxes for your home sale come tax time next year. Congratulations!

FieldValue
text I had a similar situation selling my home last year. I parked it in a savings account with one of the big banks. But they only paid 3%. Eventually I put it in a SWVXX which is a money market paying over 5%. But I understand you don't want any hiccups with transferring so my best advice is a high yield savings account like UFB. Axos bank is their parent bank. I have a small amount in UFB Direct and have had no issues. You can do wires so when you need to transfer it out it's rather easy. They pay…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-20
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url_encoded Z0FBQUFBQm5Lak9Nb25CSFR4LTNESDhOMlZ0ZnNtUTVZMGJvcWs4Nm82YzVwSG9rVVloZnozT0ZCV3MyOHpzbUF1MS1ycE91NkRNUkcweUNjUTZnQWF5VlctblNhWVFrRmN6MndzSEZWWUthYkpya19Qa1dZaVdUQ3BfVmRqS05CRTJOY1ZjQmxGYVVLWEM1RTBrRjYwNGk5XzlCYXpvenhTNzh4TG5CRDYtenBYUWJTbkNlODA0SkhJT2E5Tm9UNDRObUhvanZPNERmQ1gtMnFYR2t5LTc1Z2ptMG5XaEhhZz09

Raw Record

{
  "text": "I had a similar situation selling my home last year. I parked it in a savings account with one of the big banks. But they only paid 3%. Eventually I put it in a SWVXX which is a money market paying over 5%. But I understand you don't want any hiccups with transferring so my best advice is a high yield savings account like UFB. Axos bank is their parent bank. I have a small amount in UFB Direct and have had no issues. You can do wires so when you need to transfer it out it's rather easy. They pay 5.25%.  \n\nJust be sure to put enough aside to cover capital gains taxes for your home sale come tax time next year. Congratulations!",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5LakwtWjdjVmQyY0RkU0lJVFdhY29WMFpxZzhaRFJYOUNkbGpiWF9HLWYzbmtkUDNxYXM5emJkUXFOTGk1N0JZZ2o5WjVaUWVtS0h4UjJtSENCRlIxekk1ajZNNkREV2JVR21VQUFwWDBhTHBTSzA9",
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}
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