I'm not just trying to keep up with inflation really. I feel my money is eroding away sitting in bank accounts.

I'm not just trying to keep up with inflation really. I feel my money is eroding away sitting in bank accounts.

It’s probably best to speak to a licensed professional, because your circumstances are necessarily the same as those that shared their advice.

Medicare

Talk to your senators and congressmen and tell them to get someone in the Federal Reserve that sets interest rates so that savers can earn a real rate of return above the rate of inflation. Interest rates have been way too low for way too long. Our country needs to swallow very hard and get off it’s addiction to debt before it’s too late (assuming it’s not already too late)!

I'd go to a professional investment firm instead of getting random advice from readers on this forum. Fross and Fross Investment in Sumter landing and opening in Brownwood soon is a higher end well respected firm. Renee is one of the Wealth Advisors and is very well respected.

Well, not Russian bonds!

Could be a good bet (If Putin plays Russian Roulette with a fully loaded revolver).

At&t
 

AT&T is a dividend trap. It is in the process of spinning of the Warner Media business (CNN, Warner Bros, TNT, movie biz, etc) they bought a few years ago. It will merge with Discovery. After the merger the dividend will be cut to 4+%. A good dividend, but less than 8% for sure.

Looks interesting
 

I took a look at IIM and found it pays $0.0323/share every month. So my math is $0.032*12= $0.3876 per year. It sells for $13.25/share so he yield is $0.3876/$13.25= 2.9%.

What am i missing?

I also took a look at IIM and this is what I got using current info from Morningstar.

I took a look at IIM and found it pays $0.0640/share every month. So my math is $0.064*12= $0.7680 per year. It sells for $15.05/share so the yield is $0.7680/$15.05= 5.1%.

Distributions
 

I like your math, but not sure where you got $0.64?

Take a look at this page on the invesco website. scroll to the bottom for the distributions. Let me know what you think.

https://www.invesco.com/us/financial...hoC4agQAvD_BwE

You linked to VKMMX not IIM. I do not follow them, and do not know the difference. Is one of these a load fund?

Thanks
 

Thanks. Mystery solved.
Found this link and it matches your math.

https://www.invesco.com/us/financial...tId=FUND-30291

Buy and Hold is not a great idea for individual equities
 

Hows that Serbank, the Russian Bank, working out for you?

I hope that you didn't buy and hold, about the same return as my RSX, however, I sold that about the day after I bought it for a 25% loss, better than 100%, as buy and hold is not a great strategy with individual equities versus funds.

good luck to all. .

finance guy

We prefer either dividend yield or Value funds.

Try putting a minor amount (<1%) in VanEck Russia ETF (RSX) to hold indefinitely and see what happens.

Well surprise, surprise! U.S. bank JPMorgan suggests clients buy distressed Russian bonds

But...Putin’s Ruble Workaround Still Leaves Bond Payments in Doubt

Annuities
 

An annuity could be just the right thing to buy into depending on your situation and risk tolerance. To each his own…

I wonder if they get higher commissions:icon_wink:

Annuity salespeople have to put bread on the table.

Can't.

look into I bonds, you can only invest $10k per year, per person, but they are paying 7.12 % right now, will readjust in April most likely going over 8% good luck

Yeah, I want to do this but TreasuryDirect.gov doesn't have very good reviews.

I answered this 3 weeks ago ENERGY STOCKS LIKE DEVON and I hope you did
 

A couple of weeks ago I mentioned a couple energy stocks as i think it was then and even more so now that oil related products were going to skyrocket in price.
Companies like Devon Exxon Chevron who just announced a 10 billion dollar stock buy back program are going to make a ton of money.
Simply put the major US oil companies have not drilling for new oil right now because of the present administrations policies regarding fossil fuel energy.
The problem is you just cant turn on these wells that have been shut down as the workers have moved on and most importantly their are very few truck drivers out there to transport the oil.
in an earlier post i predicted the price of a barrel of oil Brent would reach 110 i was wrong it has hit 123 I believe . I predicted gas at 4 bucks a gallon and i was wrong as the national average is much higher.
If the US stops buying Russian oil which i think they should i think the national average price of gas could go to $5 and maybe 8 bucks in part of California.
High gas prices all areas of transportation and we will see inflations like never before

In what way? For a government site it is fine. I use it every month to buy T-Bills.

Parady, REALLY? NO WAY. Hidden fees. How do you think they pay for all their lavish promotions and their billboards all around TV.

Too late…. The world is coming to an end!

I'll take another look at it but it seemed to be asking weird questions to set up an account. Thanks!

Is it too.late? I'm trying to get money into my brokerage account but should be there in a week

I don't remember that part. I registered years ago. Most finance related sites now use two factor authorization for access. Maybe that makes setup more complicated.

I guess I'm betting that Putin doesn't want to blow up his own family too.....but ya never know.

With Bidens banning Russian oil sales in US, maybe not too late

Crypto
 

Over the past year I have been heavy bag holding in Crypto. Not sure if there are other Crypto enthusiasts out there? I did not see a group for this. Thanks!

I would love to get into some Crypto, in a good fund to hold for the grandkids for 30 years.

The Recreation News has contact info for the head of the Crypto Currency Club (in the Other or Specialty section).

Bill Miller is into Bitcoin big time https://www.youtube.com/watch?v=q-TD3pcBfO4

I like to invest in ardvaark futures. Never know when ants will be a problem down the road.

. . .