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Posted: 9/22/2022 1:24:19 PM EST
[#1]
Quote HistoryQuoted: TreasuryDirect is a huge pain and I have to get a form notarized to set up my account. So short term CD might be the ticket for me. Is Fidelity the best place to go? From what I have seen from youtube comments on i bonds, it takes about 4-8 weeks to get the account approved once the Treasury receives your forms. I can't speak for the best place to get CDs, but keep in mind that CDs do not have the tax advantage that US treasuries and savings bonds hold. |
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Posted: 9/22/2022 1:58:16 PM EST
[#2]
Quote HistoryQuoted: 3 month CD's are now 3.40% Everything longer is near 4% or above. The next Fed meetings are Nov 1-2 and December 13-14. Interest rate bumps are expected at both. Stay short term. FJB. https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm Best I found was 3.51 for 1 year. |
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Posted: 9/22/2022 4:57:28 PM EST
[#3]
Quote HistoryQuoted: From what I have seen from youtube comments on i bonds, it takes about 4-8 weeks to get the account approved once the Treasury receives your forms. I can't speak for the best place to get CDs, but keep in mind that CDs do not have the tax advantage that US treasuries and savings bonds hold. Mine went straight through without any form, but my daughter had to do the form and notarization. After mailing it she got an email in about 3 weeks saying it was ready to go. |
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Posted: 9/22/2022 5:21:44 PM EST
[#4]
Surprised all the high income folks haven’t mentioned muni bonds
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Posted: 9/22/2022 5:37:52 PM EST
[#5]
Quote HistoryQuoted: Surprised all the high income folks haven’t mentioned muni bonds Just can't decide whether I want to invest in Detroit or Cleveland. |
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Posted: 9/22/2022 5:39:00 PM EST
[#6]
Quote HistoryQuoted: Surprised all the high income folks haven’t mentioned muni bonds Got some (funds). |
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Posted: 9/22/2022 5:39:44 PM EST
[#7]
Quote HistoryQuoted: Just can't decide whether I want to invest in Detroit or Cleveland. Houston or Dallas for you! |
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Posted: 9/22/2022 5:41:03 PM EST
[#8]
Municipal bonds are dependent on the city's ability to raise tax revenue. How does the housing and commercial real estate crash affect it?
Click To View Spoiler Remember what I wrote earlier. When the Fed Res created the "free money" by hitting the enter/return key on their computer, where did the newly created digitial dollars go? Click To View Spoiler And what three asset classes experienced bubbles? Click To View Spoiler And what happens when the dollar dies? Click To View Spoiler Name the three current events that will impact the dollar's value. Click To View Spoiler What major move by Russia affects the price of gold? Click To View Spoiler Stop following local MSM news and learn how global events can impact you because they will. Do I want to buy any bonds? Click To View Spoiler 5 B's bro. |
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Posted: 9/22/2022 5:45:06 PM EST
[#9]
Quote HistoryQuoted: Houston or Dallas for you! Quote HistoryQuoted: Quoted: Just can't decide whether I want to invest in Detroit or Cleveland. Houston or Dallas for you! Ewww...you're fired as my financial advisor. LOL |
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Posted: 9/22/2022 5:46:15 PM EST
[#10]
Quote HistoryQuoted: That 9.6% is only guaranteed for 6 mos. If the fed pivots, that 9.6% rate goes buh bye. 9.6% x $20k x 6 mos. = $960 MINUS TAXES. This might be a lot to you. It's literally peanuts for some of us. It's two tires for my truck. OTOH, if you kept that $20k in cash on the sidelines, and bought the stock market on a dip, and the market rebounded (a lot of assumptions I know), you could make that same $960 in a few days. The big market dip a few days ago, I lost a nice BMW. Oooof. It works the other way, too. I have made $$$ by having a cash stash, and buying at the right time. You places your bets and takes your chances. Let's be clear, I like some bonds in my portfolio. I'm wondering whether it's a good time to increase my bond holdings. GD is my last, best hope for clarity. Quote HistoryQuoted: Quoted: It's an hours worth of work to get 9.6% on potentially 20k. Unless you make 400$ an hour its worth it but I am a blessed poor. That 9.6% is only guaranteed for 6 mos. If the fed pivots, that 9.6% rate goes buh bye. 9.6% x $20k x 6 mos. = $960 MINUS TAXES. This might be a lot to you. It's literally peanuts for some of us. It's two tires for my truck. OTOH, if you kept that $20k in cash on the sidelines, and bought the stock market on a dip, and the market rebounded (a lot of assumptions I know), you could make that same $960 in a few days. The big market dip a few days ago, I lost a nice BMW. Oooof. It works the other way, too. I have made $$$ by having a cash stash, and buying at the right time. You places your bets and takes your chances. Let's be clear, I like some bonds in my portfolio. I'm wondering whether it's a good time to increase my bond holdings. GD is my last, best hope for clarity. Dude, you need to just stop. If things change, guess what? You just withdraw the money after a year. |
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Posted: 9/22/2022 5:47:37 PM EST
[#11]
Quote HistoryQuoted: Got some (funds). Quote HistoryQuoted: Quoted: Surprised all the high income folks haven’t mentioned muni bonds Got some (funds). My post was kinda tongue in cheek but half serious. There’s no free lunch without risk, and that’s the muni fund or bond. There is still risk. |
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Posted: 9/22/2022 5:49:01 PM EST
[#12]
Quote HistoryQuoted: 12 months even with the penalty for less than 5 years would exceed all similar risk investments by a lot. Short term meaning anything 1 year or less. Quote HistoryQuoted: Quoted: Quoted: 1. I use I bonds right now and other bonds that are near 0 risk like short term treasury for my cash savings not investing.this is cash I fully intend to spend on night vision, new roof etc or deploy as investments in the future. 2. Please stop saying bonds and be specific. Issuer and term. 3. I wouldnt touch long term anytime soon and fuck corporate soon to be default debt. I won't touch any bond paying below inflation rate if there is any credit risk. I won't go further out on the yield curve for pennies. I won't touch muni unless I betting on a federal bail out. All the municipalities and states are going bk with the crash from unfunded pension liability. 4. If the fed pivots you will be getting 20% on your I bonds not 9.6. 5. Long term bonds I'll like after I see a sign of pivot probably 2024. 6. Corporate bonds not until I see some major bankruptcies wash out. As to #1, you have to hold those ibonds for quite a while to get the high interest rate. Unless you are planning to buy the NV, roof etc. way out there, it's not a good place to stash cash for short term needs. Read the fine print. 12 months even with the penalty for less than 5 years would exceed all similar risk investments by a lot. Short term meaning anything 1 year or less. Exactly. This guy is in here talking like some expert and he has no clue. |
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Posted: 9/22/2022 5:49:15 PM EST
[#13]
I bought a 10k I bond today, thanks GD.
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Posted: 9/22/2022 5:50:16 PM EST
[#14]
Quote HistoryQuoted: Municipal bonds are dependent on the city's ability to raise tax revenue. How does the housing and commercial real estate crash affect it? Click To View Spoiler Remember what I wrote earlier. When the Fed Res created the "free money" by hitting the enter/return key on their computer, where did the newly created digitial dollars go? Click To View Spoiler And what three asset classes experienced bubbles? Click To View Spoiler And what happens when the dollar dies? Click To View Spoiler Name the three current events that will impact the dollar's value. Click To View Spoiler What major move by Russia affects the price of gold? Click To View Spoiler Stop following local MSM news and learn how global events can impact you because they will. Do I want to buy any bonds? Click To View Spoiler 5 B's bro. My gold position saved my portfolio during the 08 crash and acted as a buffer. But its sucked hind tit ever since. It's being suppressed. But it will have its day in the sun again. The chess pieces are being moved into place. |
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Posted: 9/22/2022 5:52:02 PM EST
[#15]
Quote HistoryQuoted: My post was kinda tongue in cheek but half serious. There’s no free lunch without risk, and that’s the muni fund or bond. There is still risk. Very little risk, and double tax free. Muni funds have even less risk. Return is so-so. No free lunch. |
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Posted: 9/22/2022 5:56:15 PM EST
[#16]
Quote HistoryQuoted: Dude, you need to just stop. If things change, guess what? You just withdraw the money after a year. Duuude, my math is correct. If I lock up $20k for 6 mos., it buys two tires for my truck. Prove me wrong. Some of us aren't poors. We have several hundred k to invest. Let's say $200k. Let's also say me and the missus get the $20k max. Where do I invest the other $180k that's allocated for preservation of principle? Maybe this thread isn't for you. Come back when you have some assets. |
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Posted: 9/22/2022 6:22:35 PM EST
[#17]
Quote HistoryQuoted: I'm betting 100-basis-point increase by the way CD rates have spiked. A one year CD is now at 4%. Where are you seeing 1 year 4% CDs? |
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Posted: 9/22/2022 6:39:32 PM EST
[#18]
Quote HistoryQuoted: Where are you seeing 1 year 4% CDs? Quote HistoryQuoted: Quoted: I'm betting 100-basis-point increase by the way CD rates have spiked. A one year CD is now at 4%. Where are you seeing 1 year 4% CDs? https://www.fidelity.com/fixed-income-bonds/cds As of right now: 3 month - 3.4% 6 month - 3.9% 9 month - 4.10% 12 month - 4.15% https://investor.vanguard.com/investment-products/cds 3 month - 3.35% 6 month - 3.90% 9 month - 3.95% 12 month - 4.10% |
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Posted: 9/22/2022 6:40:01 PM EST
[#19]
Quote HistoryQuoted: Where are you seeing 1 year 4% CDs? Quote HistoryQuoted: Quoted: I'm betting 100-basis-point increase by the way CD rates have spiked. A one year CD is now at 4%. Where are you seeing 1 year 4% CDs? To all the folks here who wonder this. You need to have a fidelity account. Its free. Then you can buy FDIC insured brokered CD's. All it takes is about 3 clicks of the mouse. No forms, notarizations, signatures, contracts, delays, fees or other BS to wade through. I'm not pimping Fidelity. Its just what I use. I'm sure you can do the same with Vanguard or any other major Investment firm. Look at this link. It will show you CD rates and Bond rates. CD is overtaking Bonds as they invert. A one year CD now pays 4.15%. https://fixedincome.fidelity.com/ftgw/fi/FILanding |
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Posted: 9/22/2022 6:46:36 PM EST
[#20]
Quote HistoryQuoted: Duuude, my math is correct. If I lock up $20k for 6 mos., it buys two tires for my truck. Prove me wrong. Some of us aren't poors. We have several hundred k to invest. Let's say $200k. Let's also say me and the missus get the $20k max. Where do I invest the other $180k that's allocated for preservation of principle? Maybe this thread isn't for you. Come back when you have some assets. Quote HistoryQuoted: Quoted: Dude, you need to just stop. If things change, guess what? You just withdraw the money after a year. Duuude, my math is correct. If I lock up $20k for 6 mos., it buys two tires for my truck. Prove me wrong. Some of us aren't poors. We have several hundred k to invest. Let's say $200k. Let's also say me and the missus get the $20k max. Where do I invest the other $180k that's allocated for preservation of principle? Maybe this thread isn't for you. Come back when you have some assets. Vanguard cap preservation and/or income product. But you already know that. As always it’s a question of risk, time and goals. Oh, and fees.  Oh and tax implications. Oh and estate planning Oh and estate tax planning Oh and cashflow management Did I mention tax planning and goals? |
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Posted: 9/22/2022 6:47:47 PM EST
[#21]
Quote HistoryQuoted: Duuude, my math is correct. If I lock up $20k for 6 mos., it buys two tires for my truck. Prove me wrong. Some of us aren't poors. We have several hundred k to invest. Let's say $200k. Let's also say me and the missus get the $20k max. Where do I invest the other $180k that's allocated for preservation of principle? Maybe this thread isn't for you. Come back when you have some assets. Quote HistoryQuoted: Quoted: Dude, you need to just stop. If things change, guess what? You just withdraw the money after a year. Duuude, my math is correct. If I lock up $20k for 6 mos., it buys two tires for my truck. Prove me wrong. Some of us aren't poors. We have several hundred k to invest. Let's say $200k. Let's also say me and the missus get the $20k max. Where do I invest the other $180k that's allocated for preservation of principle? Maybe this thread isn't for you. Come back when you have some assets. Buy some other bonds? It doesn't take a genius. It's easy to allocate that $20k. That takes care of 10% of your investment. Dismissing them because you have too much money is completely retarded. Buy $40k. $10K each and then $10k gift each. Now you've allocated 20% at the highest possible interest rate you're going to get. I do wish I was wealthy enough to be so dense. |
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Posted: 9/22/2022 6:57:52 PM EST
[#22]
Quote HistoryQuoted: Vanguard cap preservation and/or income product. But you already know that. As always it’s a question of risk, time and goals. Oh, and fees. Oh and tax implications. Oh and estate planning Oh and estate tax planning Oh and cashflow management Did I mention tax planning and goals? Fully aware, thanks. I have a Vanguard account. The cap pres fund has paid 2.1% over the last 5 years, 1.6% over the last year. Both meh. Minus taxes. Moar meh. Expense ratio is 0.21% (meh.) CDs currently paying better, and they are insured. But you already know that.  Hence this thread. |
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Posted: 9/22/2022 7:04:13 PM EST
[#23]
Quote HistoryQuoted: Buy some other bonds? It doesn't take a genius. It's easy to allocate that $20k. That takes care of 10% of your investment. Dismissing them because you have too much money is completely retarded. Buy $40k. $10K each and then $10k gift each. Now you've allocated 20% at the highest possible interest rate you're going to get. I do wish I was wealthy enough to be so dense. Have you bothered to see my NUMEROUS POSTS praising ibonds for limited investments? No, you haven't. Because you are dense, and cannot read. |
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Posted: 9/22/2022 7:10:09 PM EST
[#24]
Quote HistoryQuoted: Buy some other bonds? It doesn't take a genius. It's easy to allocate that $20k. That takes care of 10% of your investment. Dismissing them because you have too much money is completely retarded. Buy $40k. $10K each and then $10k gift each. Now you've allocated 20% at the highest possible interest rate you're going to get. I do wish I was wealthy enough to be so dense. Quote HistoryQuoted: Quoted: Quoted: Dude, you need to just stop. If things change, guess what? You just withdraw the money after a year. Duuude, my math is correct. If I lock up $20k for 6 mos., it buys two tires for my truck. Prove me wrong. Some of us aren't poors. We have several hundred k to invest. Let's say $200k. Let's also say me and the missus get the $20k max. Where do I invest the other $180k that's allocated for preservation of principle? Maybe this thread isn't for you. Come back when you have some assets. Buy some other bonds? It doesn't take a genius. It's easy to allocate that $20k. That takes care of 10% of your investment. Dismissing them because you have too much money is completely retarded. Buy $40k. $10K each and then $10k gift each. Now you've allocated 20% at the highest possible interest rate you're going to get. I do wish I was wealthy enough to be so dense. My wife and I have IRA's that were once 401K's. I can buy and sell within them without ever creating a tax event until I make a cash withdrawal. I would have to do that to purchase an I-bond, as they do not allow them to to be held in an IRA. So they don't work for me. Other cash remains in a money market account, gathering interest, but immediately available to go bottom fishing with. I don't consider myself dense. The savings bonds just don't fit some investment portfolios. |
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Posted: 9/22/2022 7:43:20 PM EST
[#25]
Quote HistoryQuoted: From what I have seen from youtube comments on i bonds, it takes about 4-8 weeks to get the account approved once the Treasury receives your forms. I can't speak for the best place to get CDs, but keep in mind that CDs do not have the tax advantage that US treasuries and savings bonds hold. LOL. I had a Treasury Direct account years ago and went to log into it just now. They closed it.  Opened a new one and bought a 4 week T-Bill just to see if I could. I didn't have to wait or do anything special. The auction is on the 29th. |
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Posted: 9/23/2022 7:16:09 AM EST
[#26]
Quote HistoryQuoted: LOL. I had a Treasury Direct account years ago and went to log into it just now. They closed it. Opened a new one and bought a 4 week T-Bill just to see if I could. I didn't have to wait or do anything special. The auction is on the 29th. True, not everyone needs to submit forms--my wife and I created our accounts without any issues. I just don't wany anyone to be discouraged from buying I-bonds if they need to submit forms to open a TD account. |
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Posted: 9/23/2022 7:31:54 AM EST
[#27]
Quote HistoryQuoted: To all the folks here who wonder this. You need to have a fidelity account. Its free. Then you can buy FDIC insured brokered CD's. All it takes is about 3 clicks of the mouse. No forms, notarizations, signatures, contracts, delays, fees or other BS to wade through. I'm not pimping Fidelity. Its just what I use. I'm sure you can do the same with Vanguard or any other major Investment firm. Look at this link. It will show you CD rates and Bond rates. CD is overtaking Bonds as they invert. A one year CD now pays 4.15%. https://fixedincome.fidelity.com/ftgw/fi/FILanding Quote HistoryQuoted: Quoted: Quoted: I'm betting 100-basis-point increase by the way CD rates have spiked. A one year CD is now at 4%. Where are you seeing 1 year 4% CDs? To all the folks here who wonder this. You need to have a fidelity account. Its free. Then you can buy FDIC insured brokered CD's. All it takes is about 3 clicks of the mouse. No forms, notarizations, signatures, contracts, delays, fees or other BS to wade through. I'm not pimping Fidelity. Its just what I use. I'm sure you can do the same with Vanguard or any other major Investment firm. Look at this link. It will show you CD rates and Bond rates. CD is overtaking Bonds as they invert. A one year CD now pays 4.15%. https://fixedincome.fidelity.com/ftgw/fi/FILanding you can also do this with humans too if you already have a relation ship with a Financial Advisor. Consigli, that's a Goldman one you are looking at with Fidelity? |
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Posted: 9/23/2022 7:56:19 AM EST
[#28]
Quote HistoryQuoted: Municipal bonds are dependent on the city's ability to raise tax revenue. How does the housing and commercial real estate crash affect it? Click To View Spoiler Remember what I wrote earlier. When the Fed Res created the "free money" by hitting the enter/return key on their computer, where did the newly created digitial dollars go? Click To View Spoiler And what three asset classes experienced bubbles? Click To View Spoiler And what happens when the dollar dies? Click To View Spoiler Name the three current events that will impact the dollar's value. Click To View Spoiler What major move by Russia affects the price of gold? Click To View Spoiler Stop following local MSM news and learn how global events can impact you because they will. Do I want to buy any bonds? Click To View Spoiler 5 B's bro. 5 B's? |
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Posted: 9/23/2022 8:01:14 AM EST
[#29]
Quote HistoryQuoted: you can also do this with humans too if you already have a relation ship with a Financial Advisor. Consigli, that's a Goldman one you are looking at with Fidelity? Quote HistoryQuoted: Quoted: Quoted: Quoted: I'm betting 100-basis-point increase by the way CD rates have spiked. A one year CD is now at 4%. Where are you seeing 1 year 4% CDs? To all the folks here who wonder this. You need to have a fidelity account. Its free. Then you can buy FDIC insured brokered CD's. All it takes is about 3 clicks of the mouse. No forms, notarizations, signatures, contracts, delays, fees or other BS to wade through. I'm not pimping Fidelity. Its just what I use. I'm sure you can do the same with Vanguard or any other major Investment firm. Look at this link. It will show you CD rates and Bond rates. CD is overtaking Bonds as they invert. A one year CD now pays 4.15%. https://fixedincome.fidelity.com/ftgw/fi/FILanding you can also do this with humans too if you already have a relation ship with a Financial Advisor. Consigli, that's a Goldman one you are looking at with Fidelity? Just took a look at Schwab - 4% 6mo CD available Wells Fargo and Ally. Almost tempting, because I have too much settled cash in my accounts. |
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Posted: 9/23/2022 8:40:00 AM EST
[#30]
Quote HistoryQuoted: 5 B's? Beans (food, water and means of producing food (seeds & critters)) Band aids (first aid and spare medicine) Bullion (to preserve wealth for the rebuild and WE will rebuild) Boolits (to protect the first three B's) Buddies (b/c no man is an island and you should have a community) It's getting wonky but remember it's man made so it's survivable. The paradigm change comes with the new economy (and not a financial system as Satan Klaus (Klown Schwan) and his WEF would have it. Weiji! |
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Posted: 9/23/2022 8:55:57 AM EST
[#31]
Quote HistoryQuoted: Just took a look at Schwab - 4% 6mo CD available Wells Fargo and Ally. Almost tempting, because I have too much settled cash in my accounts. I'm in the same situation, just purchased $100K in 4% 6 month CD's. May go back for another round next week when I think they will edge a little higher. |
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