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Do you even invest?
Posted: Tue Jun 05, 2018 7:31 pm
by ChrisoftheNorth
max225 wrote: ↑Tue Jun 05, 2018 7:26 pm
Detroit wrote: ↑Tue Jun 05, 2018 7:14 pm
I've got my cash hoard in an ally savings account. About $40k, but I want to be able to access it at a moment's notice if I need. Ally pays almost 1.5% these days. Anything else required time commitment.
https://www.ally.com/bank/online-saving ... I8QAvD_BwE
Oh interesting... they are indeed at 1.6
Yep, it's the best I can find that still gives me instant access to my cash.
Do you even invest?
Posted: Tue Jun 05, 2018 7:43 pm
by D Griff
max225 wrote: ↑Tue Jun 05, 2018 7:13 pm
SAWCE wrote: ↑Tue Jun 05, 2018 7:11 pm
I think he meant the money in his Acorn account will be used for a house purchase...
I figured they are managing his 401k?
Nah, two seperate things, 401k is for retirement, I have an account with Voya and Vanguard strictly for retirement. Acorns is more like a mutual fund savings account, which I'm saving for a down payment with, but
if I should keep that money somewhere safer.
Do you even invest?
Posted: Tue Jun 05, 2018 7:44 pm
by D Griff
max225 wrote: ↑Tue Jun 05, 2018 7:26 pm
Detroit wrote: ↑Tue Jun 05, 2018 7:14 pm
I've got my cash hoard in an ally savings account. About $40k, but I want to be able to access it at a moment's notice if I need. Ally pays almost 1.5% these days. Anything else required time commitment.
https://www.ally.com/bank/online-saving ... I8QAvD_BwE
Oh interesting... they are indeed at 1.6
My Discover savings account is also at 1.6%. Better to get a savings account at a non brick and mortar place. 1.6% still blows though, don't really want to have five figures tied up at that rate.
Do you even invest?
Posted: Tue Jun 05, 2018 7:49 pm
by max225
D Griff wrote: ↑Tue Jun 05, 2018 7:44 pm
My Discover savings account is also at 1.6%. Better to get a savings account at a non brick and mortar place. 1.6% still blows though, don't really want to have five figures tied up at that rate.
Well the key is options... I think I'll try to keep around 30k in cash as an emergency... the rest is fair game... but I just don't want to pile it into the market... seems like a risky proposition. My savings pays .01% or some BS fuck Citibank.
Do you even invest?
Posted: Tue Jun 05, 2018 8:11 pm
by ChrisoftheNorth
max225 wrote: ↑Tue Jun 05, 2018 7:49 pm
D Griff wrote: ↑Tue Jun 05, 2018 7:44 pm
My Discover savings account is also at 1.6%. Better to get a savings account at a non brick and mortar place. 1.6% still blows though, don't really want to have five figures tied up at that rate.
Well the key is options... I think I'll try to keep around 30k in cash as an emergency... the rest is fair game... but I just don't want to pile it into the market... seems like a risky proposition. My savings pays .01% or some BS fuck Citibank.
Yea, 30k is my liquid number too. I really don't want to "invest" that and watch it evaporate, so I put it in the safest thing with maximum return and immediate access, which seems to be online savings.
I guess I have $10k or so to "play with" but this market just makes me nervous. Can't keep going up forever, and it would be my like that as soon as I invest it tanks.
Do you even invest?
Posted: Wed Jun 06, 2018 12:21 am
by Desertbreh
max225 wrote: ↑Tue Jun 05, 2018 6:41 pm
What's the yield? Most I found is like 2%... and it starts to encroach 10 year terms etc... I am ok with 1-2
Eh, no. I'm getting 3%-5.75%, from 2-4 years. Cash is 1.7% now. That's through "a guy", not the interwebz.
Do you even invest?
Posted: Wed Jun 06, 2018 12:22 am
by max225
Desertbreh wrote: ↑Wed Jun 06, 2018 12:21 am
max225 wrote: ↑Tue Jun 05, 2018 6:41 pm
What's the yield? Most I found is like 2%... and it starts to encroach 10 year terms etc... I am ok with 1-2
Eh, no. I'm getting 3%-5.75%, from 2-4 years. Cash is 1.7% now. That's through "a guy", not the interwebz.
What bondz are these. Most municpals and safe bets are far Lower than that ?!
Bail bondz ?!
Do you even invest?
Posted: Wed Jun 06, 2018 5:21 am
by Barnes93cb
Allow me to invest it. Im up 30% on my stocks in the last 6 months.
Granted I have minimal money in the market and I have no idea what im doing.
Do you even invest?
Posted: Wed Jun 06, 2018 6:36 am
by ChrisoftheNorth
max225 wrote: ↑Wed Jun 06, 2018 12:22 am
Desertbreh wrote: ↑Wed Jun 06, 2018 12:21 am
Eh, no. I'm getting 3%-5.75%, from 2-4 years. Cash is 1.7% now. That's through "a guy", not the interwebz.
What bondz are these. Most municpals and safe bets are far Lower than that ?!
Bail bondz ?!
Do you even invest?
Posted: Wed Jun 06, 2018 11:23 am
by max225
Barnes93cb wrote: ↑Wed Jun 06, 2018 5:21 am
Allow me to invest it. Im up 30% on my stocks in the last 6 months.
Granted I have minimal money in the market and I have no idea what im doing.
I can put it into the “market” as well. The point is to not use stocks and use something a bit more safe
Do you even invest?
Posted: Wed Jun 06, 2018 11:43 am
by dubshow
max225 wrote: ↑Wed Jun 06, 2018 11:23 am
Barnes93cb wrote: ↑Wed Jun 06, 2018 5:21 am
Allow me to invest it. Im up 30% on my stocks in the last 6 months.
Granted I have minimal money in the market and I have no idea what im doing.
I can put it into the “market” as well. The point is to not use stocks and use something a bit more safe
IC.
like bit coin!
Do you even invest?
Posted: Wed Jun 06, 2018 12:17 pm
by Desertbreh
max225 wrote: ↑Wed Jun 06, 2018 12:22 am
Desertbreh wrote: ↑Wed Jun 06, 2018 12:21 am
Eh, no. I'm getting 3%-5.75%, from 2-4 years. Cash is 1.7% now. That's through "a guy", not the interwebz.
What bondz are these. Most municpals and safe bets are far Lower than that ?!
Bail bondz ?!
You're the guy who asked. Some of the higher yields are preferred stock, not bonds.
38380UVA8 | GOVT NATL MTG ASSN SER 2018-013 CL 3-GA 3.00000% 01/20/2048 0.97465016
3136ADUQ0 | FEDL NATL MTG ASSN SER 2013-026 CL 6-KT 2.50000% 04/25/2043 0.54463593
3136AXU94 | FEDL NATL MTG ASSN SER 2017-072 CL 2-HA 3.00000% 09/25/2047 0.82535393
CPTAG | CAPITALA FIN CORP 5.75% NT CV 22 PFD
HERCULES CAPITAL INC 6.25 SR NTS 24 6.25000% 07/30/2024 (HTGX)
KAP | KCAP FINL INC SR NT 7.375% 09/30/2019 PFD As of 06-Jun-2018 12:15:10 PM ET
MSPRI | MORGAN STANLEY 6.37504% PFD
Samples from my purported "safe zone"
Do you even invest?
Posted: Wed Jun 06, 2018 12:18 pm
by Desertbreh
Barnes93cb wrote: ↑Wed Jun 06, 2018 5:21 am
Allow me to invest it. Im up 30% on my stocks in the last 6 months.
Granted I have minimal money in the market and I have no idea what im doing.
Do you even invest?
Posted: Wed Jun 06, 2018 12:39 pm
by max225
Desertbreh wrote: ↑Wed Jun 06, 2018 12:17 pm
max225 wrote: ↑Wed Jun 06, 2018 12:22 am
What bondz are these. Most municpals and safe bets are far Lower than that ?!
Bail bondz ?!
You're the guy who asked. Some of the higher yields are preferred stock, not bonds.
38380UVA8 | GOVT NATL MTG ASSN SER 2018-013 CL 3-GA 3.00000% 01/20/2048 0.97465016
3136ADUQ0 | FEDL NATL MTG ASSN SER 2013-026 CL 6-KT 2.50000% 04/25/2043 0.54463593
3136AXU94 | FEDL NATL MTG ASSN SER 2017-072 CL 2-HA 3.00000% 09/25/2047 0.82535393
CPTAG | CAPITALA FIN CORP 5.75% NT CV 22 PFD
HERCULES CAPITAL INC 6.25 SR NTS 24 6.25000% 07/30/2024 (HTGX)
KAP | KCAP FINL INC SR NT 7.375% 09/30/2019 PFD As of 06-Jun-2018 12:15:10 PM ET
MSPRI | MORGAN STANLEY 6.37504% PFD
Samples from my purported "safe zone"
Ah... thanks for posting them. So with bonds are you safeguarded if say CAPITALA FIN CORP decided to go bottoms up?
Do you even invest?
Posted: Wed Jun 06, 2018 1:05 pm
by ChrisoftheNorth
Bonds are still a rather long-term play,
aren't they?
Do you even invest?
Posted: Wed Jun 06, 2018 1:06 pm
by Desertbreh
max225 wrote: ↑Wed Jun 06, 2018 12:39 pm
Desertbreh wrote: ↑Wed Jun 06, 2018 12:17 pm
You're the guy who asked. Some of the higher yields are preferred stock, not bonds.
38380UVA8 | GOVT NATL MTG ASSN SER 2018-013 CL 3-GA 3.00000% 01/20/2048 0.97465016
3136ADUQ0 | FEDL NATL MTG ASSN SER 2013-026 CL 6-KT 2.50000% 04/25/2043 0.54463593
3136AXU94 | FEDL NATL MTG ASSN SER 2017-072 CL 2-HA 3.00000% 09/25/2047 0.82535393
CPTAG | CAPITALA FIN CORP 5.75% NT CV 22 PFD
HERCULES CAPITAL INC 6.25 SR NTS 24 6.25000% 07/30/2024 (HTGX)
KAP | KCAP FINL INC SR NT 7.375% 09/30/2019 PFD As of 06-Jun-2018 12:15:10 PM ET
MSPRI | MORGAN STANLEY 6.37504% PFD
Samples from my purported "safe zone"
Ah... thanks for posting them. So with bonds are you safeguarded if say CAPITALA FIN CORP decided to go bottoms up?
The lower four are technically "stocks".......but as preferred stocks they guarantee a specific return. If I was smarter about this stuff I could tell you more. The stock prices do fluctuate up and down, but minimally. But at the end of the day the promise is X% by Xday. Does my Morgan Stanley preferred stock get paid if they go belly up in a Wall Street Inferno ala Bear Stearns? Probably not.
Do you even invest?
Posted: Wed Jun 06, 2018 1:10 pm
by max225
Desertbreh wrote: ↑Wed Jun 06, 2018 1:06 pm
max225 wrote: ↑Wed Jun 06, 2018 12:39 pm
Ah... thanks for posting them. So with bonds are you safeguarded if say CAPITALA FIN CORP decided to go bottoms up?
The lower four are technically "stocks".......but as preferred stocks they guarantee a specific return. If I was smarter about this stuff I could tell you more. The stock prices do fluctuate up and down, but minimally. But at the end of the day the promise is X% by Xday. Does my Morgan Stanley preferred stock get paid if they go belly up in a Wall Street Inferno ala Bear Stearns? Probably not.
Well, that's not necessarily a bond then...
No free lunch. Municipal bonds don't really go belly up unless you invest into something like Flint Michigan water
Do you even invest?
Posted: Wed Jun 06, 2018 1:15 pm
by dubshow
max225 wrote: ↑Wed Jun 06, 2018 1:10 pm
Desertbreh wrote: ↑Wed Jun 06, 2018 1:06 pm
The lower four are technically "stocks".......but as preferred stocks they guarantee a specific return. If I was smarter about this stuff I could tell you more. The stock prices do fluctuate up and down, but minimally. But at the end of the day the promise is X% by Xday. Does my Morgan Stanley preferred stock get paid if they go belly up in a Wall Street Inferno ala Bear Stearns? Probably not.
Well, that's not necessarily a bond then...
No free lunch. Municipal bonds don't really go belly up unless you invest into something like Flint Michigan water
Detroit too
They all have their risk.
Do you even invest?
Posted: Wed Jun 06, 2018 1:18 pm
by Desertbreh
max225 wrote: ↑Wed Jun 06, 2018 1:10 pm
Desertbreh wrote: ↑Wed Jun 06, 2018 1:06 pm
The lower four are technically "stocks".......but as preferred stocks they guarantee a specific return. If I was smarter about this stuff I could tell you more. The stock prices do fluctuate up and down, but minimally. But at the end of the day the promise is X% by Xday. Does my Morgan Stanley preferred stock get paid if they go belly up in a Wall Street Inferno ala Bear Stearns? Probably not.
Well, that's not necessarily a bond then...
No free lunch. Municipal bonds don't really go belly up unless you invest into something like Flint Michigan water
The first three are bonds. 3%.
Do you even invest?
Posted: Wed Jun 06, 2018 1:21 pm
by max225
Desertbreh wrote: ↑Wed Jun 06, 2018 1:18 pm
max225 wrote: ↑Wed Jun 06, 2018 1:10 pm
Well, that's not necessarily a bond then...
No free lunch. Municipal bonds don't really go belly up unless you invest into something like Flint Michigan water
The first three are bonds. 3%.
They were good
but I started foaming at the mouth with the 5.75% one....
Do you even invest?
Posted: Wed Jun 06, 2018 2:35 pm
by Barnes93cb
max225 wrote: ↑Wed Jun 06, 2018 11:23 am
Barnes93cb wrote: ↑Wed Jun 06, 2018 5:21 am
Allow me to invest it. Im up 30% on my stocks in the last 6 months.
Granted I have minimal money in the market and I have no idea what im doing.
I can put it into the “market” as well. The point is to not use stocks and use something a bit more safe
It was more sarcasm than anything. Ive read that stuffing your mattress is safe.
Do you even invest?
Posted: Wed Jun 06, 2018 2:37 pm
by max225
Barnes93cb wrote: ↑Wed Jun 06, 2018 2:35 pm
max225 wrote: ↑Wed Jun 06, 2018 11:23 am
I can put it into the “market” as well. The point is to not use stocks and use something a bit more safe
It was more sarcasm than anything. Ive read that stuffing your mattress is safe.
It is as long as you're ok with a -5-10% return a year
Do you even invest?
Posted: Wed Jun 06, 2018 2:37 pm
by Barnes93cb
Desertbreh wrote: ↑Wed Jun 06, 2018 12:18 pm
Barnes93cb wrote: ↑Wed Jun 06, 2018 5:21 am
Allow me to invest it. Im up 30% on my stocks in the last 6 months.
Granted I have minimal money in the market and I have no idea what im doing.
Not that impressive. I have no idea what im doing and most of the success can be attributed to my share of amazon. It makes up half my overall money into the market.
Do you even invest?
Posted: Wed Jun 06, 2018 2:39 pm
by Barnes93cb
max225 wrote: ↑Wed Jun 06, 2018 2:37 pm
Barnes93cb wrote: ↑Wed Jun 06, 2018 2:35 pm
It was more sarcasm than anything. Ive read that stuffing your mattress is safe.
It is as long as you're ok with a -5-10% return a year
So long as you get a
raise youre good. Increasing income by 10% per year youre still ahead.
maths
Do you even invest?
Posted: Wed Jun 06, 2018 10:56 pm
by D Griff
Barnes93cb wrote: ↑Wed Jun 06, 2018 2:39 pm
max225 wrote: ↑Wed Jun 06, 2018 2:37 pm
It is as long as you're ok with a -5-10% return a year
So long as you get a
raise youre good. Increasing income by 10% per year youre still ahead.
maths
Maybe I just need to get way stupider and I'll make more money.
