500k Chase for 5 months 5% 200k Fidelity for 1yr 5.05% 200K Fidelity for 5yrs 5% 100K Fidelity for 10yrs 4.25% 50k in BOA FOR 7 months 5% I already have a property in Bay Area and one in Texas. I might buy another in Bay Area hopefully next yr or so.. Also planning to put the short terms CD to long term aftwr maturity(If I get 10yrs CD > 4+%) Not a very big fan of Stock market as I already have lot of losses so CD/ Housing Sounds good.. Suggestions are welcome..
Robinhood gold gives 5% and money is liquid. Insured upto 2M.
But you'll end up blowing all the cash on 0DTE 🤔
But that's more like a savings account - the rate can change at any time. OP has locked the rate. I don't think that's a good way to invest, but there's a huge difference between what you're suggesting and what op did.
magnificent 7 up 50% in 2023. vanguard growth index fund up 25%. missing out of statistically conservative bets with decent gains this year
Yes, just have to perfectly cherry pick winners based on the crystal ball
Hey guys! Found the sucker without the crystal ball!!!
Ok
Z.z.zx aw . Pom
Sorry to burst your bubble OP, but this is pretty dumb. Remember, CD’s and HySA offer interest rate equal or less than inflation. So with you keeping $$ in CD’s you are actually losing money to inflation. This is the best time to DCA your money into the market. In 2-3 years you will have much more than 5% returns.
In recent history that has been true but lately CDs and fixed income yields have beaten inflation which is impressive once you risk adjust. If you have 3 mil in property at <3% mortgage rate then a risk-free 5% CD is like free money.
No CDs have not beaten inflation at any time Also if you had a mortgage at a good rate of 3% does not mean that anything more than 3% today is a good rate
Err... You're barely beating inflation and housing is not making up for it. What do you have against the stock market?
not even beating inflation - below inflation rate, especially if he has to pay taxes
Yeah, I've done the math as well to preserve some cash for future use, and even with the best interest rates I am practically losing money after taxes (not a lot compared to without the bonds but still net negative). For me that represents the cost of easy access to liquidity, but that's because I intend to use it.
Also you pay taxes on that interest....
This. Nobody realizes the difference between income tax and capgains. Poster is probably losing 80% more with this approach.
Federal and State taxes
The level of concentration seems to be excessively high.
Now Stock market is up so we are positive but last yr was very unstable with job & Stock market.. Who knew the market will recover so well? As I already have losses in Stock so didn’t want to take more risk. And moreover CD has less % but I am satisfied as money is safe and I am getting sone return Less risk less money High risky high/less/zero money
You are confusing investing in individual stocks with investing in index funds. Index funds historically has come back in few years.
Repeat after me: past performance does not predict future performance
Put them in treasuries instead. No state income tax
$10k annual cap no?
no
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1m in microsoft last year or vti, spy is +50%. your cd is +5% 🤔 in 1 yr
Thats me. 500K in Msft
Me too, 400k in msft