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Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   Investment Talk (https://www.talkofthevillages.com/forums/investment-talk-158/)
-   -   What would you invest in? (https://www.talkofthevillages.com/forums/investment-talk-158/what-would-you-invest-329401/)

Gigi3000 02-23-2022 12:40 PM
Quote:
Originally Posted by joelfmi (Post 2064644)
Don't think you are going io make a Killing
I'm not just trying to keep up with inflation really. I feel my money is eroding away sitting in bank accounts.

Gigi3000 02-23-2022 12:52 PM
Quote:
Originally Posted by joelfmi (Post 2064644)
Don't think you are going io make a Killing
I'm not just trying to keep up with inflation really. I feel my money is eroding away sitting in bank accounts.

craigrmorrison 03-02-2022 10:04 PM
Quote:
Originally Posted by Gigi3000 (Post 2063795)
I have $250,000 to invest for income. I'm 63, keeping lots of cash on hand, own my home, not working and have no income currently. My expenses are minimal, around $1800 month. What would you invest in? can play with $75000 in high risk, the rest medium risk.
It’s probably best to speak to a licensed professional, because your circumstances are necessarily the same as those that shared their advice.

Medicare

tophcfa 03-02-2022 10:26 PM
Quote:
Originally Posted by Gigi3000 (Post 2065005)
I'm not just trying to keep up with inflation really. I feel my money is eroding away sitting in bank accounts.
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)!

dadspet 03-03-2022 12:07 PM
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.

manaboutown 03-03-2022 02:51 PM
Well, not Russian bonds!

Caymus 03-03-2022 08:21 PM
Quote:
Originally Posted by manaboutown (Post 2067902)
Well, not Russian bonds!
Could be a good bet (If Putin plays Russian Roulette with a fully loaded revolver).

ronda 03-03-2022 09:09 PM
At&t
 
Quote:
Originally Posted by davem4616 (Post 2063972)
might wanna stay on the side for awhile

but AT&T is giving 8%
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.

ronda 03-03-2022 09:27 PM
Looks interesting
 
Quote:
Originally Posted by Catalina36 (Post 2064459)
I have been investing about 25% of money in
Invesco Value Municipal Income Trust Municipal Bond Fund, symbol IIM, you can purchase using any Brokerage Account. Trades like a stock so you can sell any time on any trading day if you need cash. Pays a monthly dividend every 1st of the month, Annual dividend around 4.8%. The Best Part it is totally Federal Tax Free and if you are a Florida resident that means there is no state income tax either. I have been following this fund for approximately 5 years. The price does fluctuate up and down, last price quote was $15.12 a share, but the dividend is there each and every month. Now is a good time to purchase with the market prices are down. I don't portray myself as a financial advisor but in my opinion, this is relatively a safe investment.
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?

Ecuadog 03-04-2022 12:03 AM
Quote:
Originally Posted by Catalina36 (Post 2064459)
I have been investing about 25% of money in
Invesco Value Municipal Income Trust Municipal Bond Fund, symbol IIM, you can purchase using any Brokerage Account. Trades like a stock so you can sell any time on any trading day if you need cash. Pays a monthly dividend every 1st of the month, Annual dividend around 4.8%. The Best Part it is totally Federal Tax Free and if you are a Florida resident that means there is no state income tax either. I have been following this fund for approximately 5 years. The price does fluctuate up and down, last price quote was $15.12 a share, but the dividend is there each and every month. Now is a good time to purchase with the market prices are down. I don't portray myself as a financial advisor but in my opinion, this is relatively a safe investment.
Quote:
Originally Posted by ronda (Post 2067991)
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%.

ronda 03-04-2022 07:53 AM
Distributions
 
Quote:
Originally Posted by Ecuadog (Post 2068009)
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%.
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

Caymus 03-04-2022 09:06 AM
Quote:
Originally Posted by ronda (Post 2068089)
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?

ronda 03-04-2022 10:38 AM
Thanks
 
Thanks. Mystery solved.
Found this link and it matches your math.

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

CoachKandSportsguy 03-04-2022 03:50 PM
Buy and Hold is not a great idea for individual equities
 
Quote:
Originally Posted by triflex (Post 2063894)
I sold my house 3 months ago and had the same decision to make. Here is where I put my money:

https://i.imgur.com/Br5K23r.png
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

Stu from NYC 03-04-2022 04:38 PM
We prefer either dividend yield or Value funds.


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