Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#31
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There is a reason rates are going up...............now is NOT the time to lock in.
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Identifying as Mr. Helpful |
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#32
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The T-bills I gradually bought over a few months earlier this year all become due in January and I plan to go short term, 3 to 6 months, no longer. The fed has not signaled it is backing off on raising rates even higher... Stormy seas are ahead. Time to batten down the hatches.
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"No one is more hated than he who speaks the truth." Plato “To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine |
#33
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Are things ever going to get back to normal?
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#34
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Compared to 6 months ago and longer it is exciting if you are a very conservative investor. CD's and Money Market accounts were terrible
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#35
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Oh, there are so many variables that go into that decision but I will say that a majority of investors will agree with your “hardly a good investment” stance but there are many investors that are extremely conservative when they reach certain stages of life or don’t invest in the stock market. For those investors, 4% can be “a good investment” (Interest rate of change * investment portfolio exceeds inflation rate of change * expenses).
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#36
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I’m sure lots of people are interested if they have the money to tie up for 12 months, sounds like a great deal!
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#37
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You are very informed. Thank you.
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#38
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#39
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CD rates
Go to Treasury direct.gov you can buy treasury bills anywhere from 4 weeks to 52 weeks and get 4%or more.
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#40
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Why would you buy a CD from Edward Jones rather than a short-term Treasury note or bill paying the same or a little more. Last week I sold some stocks and reallocated the proceeds, buying two-year Treasuries paying 4.78%.
Take a pass on the CD and tell Edward Jones to buy you one- or two-year Treasuries! |
#41
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#42
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Right now, interest rates are suppose to rise, last i read. Would you worry much about callable or not on a 4.70 CD? for 13 months? Last edited by Gigi3000; 01-08-2023 at 12:43 PM. |
#43
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#44
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use marcus best rate CD & save acct
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#45
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I found a non callable Schwab CD at Vanguard today for 13 months at 4.70% fyi
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Closed Thread |
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