/biz/ - Business & Finance

>>52994210
why not just market buy the btc dip with that money and sell a few hours later after it goes up 2-3%

>>52994210
based, near 5% a year?

>>52994241
like 4.45% i think
>>52994239
risk free

>>52994210
>3 months for 1.880
I bet the people who held your money made 50k+ with it.
kek

>>52994253
:(

>>52994210
Risk free capital protection is a pretty good move in this market, just dont forget to actually use it when the opportunity comes

>>52994276
i think i want to buy real estate. im not good at trading stocks/crypto

>>52994210
just buy put options and make 40% in one day instead

>>52994304
i already tried options and lost a good chunk of money so i think il pass on that

>>52994302
Consider other assets or lower risk stock investment options, locking up a huge chunk of liquidity in property is a pretty risky move

>>52994329
my dream is to buy a commercial property like a strip mall of something. but since im still relatively poor im planning on buying up foreclosures hopefully in the event of a 2008-like mortgage crisis

>>52994353
Just make sure you have enough money after your purchase to make other financial choices
Locking all or nearly all your money up in 1 thing is usually not great

>>52994477
Thanks yea I know. I definitely wouldn't dump it all in houses without a safety net

>>52994251
more like rent free. get some balls.

>>52994210
imagine buying a bond that pays below inflation
imagine being that stupid

>>52994251
More like 4.174%
Still nice.

>>52995453
better than losing 90% with crypto

>>52995496
>crypto
Wrong.
Commodities are king when inflation is high and bond yields are suppressed

>>52994210
Dude, inflation is at 7%

>>52995523
crypto isn't a commodity, smoothbrain

>>52995537
Year over year, and the rate of inflation has slowed significantly month over month recently

>>52994210
I'm completely new to investing but i'm about to do the same thing.

> have $705k in cash
> put 250k into wealthfront - 4.3% interest(first 3 months -> than 3.8%) & completely liquid
> The rest minus $50k i plan on putting into t bills just setting up the account now

Is this a good idea? I plan on buying up a homestead property & selling my current cash once the market cools down (Currently nothing available)

>>52994251
>racing a 20% annualized rate of real inflation
>risk free
lel

>>52995677
current house*

I also have another 100k in a SEP that isn't doing shit - too scared to put it into the market, should i tell my guy just to put it in t-bills. He keeps hounding me to put it in the market - bla bla bla over the course of 30 years bla bla bla

I 100% think the markets are rigged & jewed up so it makes me uneasy

Just want to buy a homestead, pay it off right away, get solar hybrid grid tied system & grow my own food and get my monthly expenses as close to 0 as possible so I don't have to work 80 hr work weeks

>>52995703
yeah but what are the alternatives, I fell for the meme and bought $30k worth of gold & silver last year and i'm down like 15%

>>52994251
>risk free
the risk is that the market starts going up within 3 months

>>52995768
What would you invest in instead?

>>52995561
you better hope it is, because otherwise it's a security.

>>52995713
Money market + T bills and also put some in longer bonds like 2 or the 5 year so that you'll have some income secured farther out. The rates are good now but we very well could back to ZIRP in a year if the recession is deep enough. Then just wait until the housing market comes back to reality and go for it. Don't touch the stock market until after it crashes.

>>52995453
better than holding cash

>>52994486
>180k
>houses
>plural
top fucking kek

>>52994251
isnt the cash rate for banks 3% so you are literally just making 1.5% higher on t bills which by the way is not enough to cover 6 months of fucking inflation.
>risk free
yeah the only risk is watching your money slowly curl up and die in front of you. well done anon u sound like the perfect retarded /biz investor

>>52999558
Citizens saving account gives 3.75. PNY gives 4 but I don’t trust those bastards

>>52996548
Thanks anon

I moved $250k to wealthfront for the 4.3 interest.

So any of you guys know if there's a chance I could get rugged
I read it's FDIC insured because they just deposit it at member banks, but not sure if I'm missing anything

>>52998648
It's possible with foreclosures

>>52994253
The U.S. government did not make $50k+ with his money but probably did kill at least 5 Russians with it.

I've made around 10k on half of your investment in three different times the last 2 weeks.

>>52994210
Nice returns op. You are beating the market index :D

>>52994210
So you made a 1% over a quarter of the year when inflation is 8% and you think you've won.

Holy fuck you're retarded.

>>53000527
Where else would you put it without losing money? It's better to take the inflation hit than taking equities hit + inflation hit

>>52995677
>Is this a good idea?
Nooo, put it in bitcoin, its going to the moon because...it just is ok!!

>>52994251
risk is free if you don't fear death, or starvation, that's the only reason why I have vinu bags
I'm going to have 50k with a blue dog even if the universe denies me

>>52999879
>So any of you guys know if there's a chance I could get rugged
You're money is now the liability of the federal government, so it'll be safe unless the government implodes or Wealthfront makes SBF it's CEO. Just to let you know the FDIC limit is higher than $250k for cash sweep accounts like this because your money is deposited across several banks that each give a $250k FDIC guarantee.

>>52999879
>So any of you guys know if there's a chance I could get rugged
Your money is now the liability of the federal government, so it'll be safe unless the government implodes or Wealthfront makes SBF it's CEO. Just to let you know the FDIC limit is higher than $250k for cash sweep accounts like this because your money is deposited across several banks that each give a $250k FDIC guarantee.

>>52995723
options probably?

>>52994210

Good job op

>>52994210
why not buy from treasurydirect.gov?

>>52999960
well spent

>>52995703
>"real inflation"
shadowstats pls go

Good job, OP. That's probably the best move at this point in time. Any longer than 3 months and I'd be nervous. But 3 months is short enough time. Ally is paying 3.3% on savings, good to be able to keep cash liquid, but anything over $250k in a single account is silly. Gotta spread 'em to go get 'em dat FDIC insurance

>>52994210
How much you going to pay on that ?

>>53002427
>Gotta spread 'em to go get 'em dat FDIC insurance
FDIC insurance is a scam
250k in AGGREGATE
if you spread 1M in 4 banks, it's still 250k in AGGREGATE
and if the insurance goes bust because of some major collapse, they give you zero
effectively FDIC insurance doesn't work at all when you need it
think about it like Bancor impermanent loss protection that works only when nobody need it, and it's suspended when everything is collapsing
both jewish scams to let you think you are somehow protected

just got a 4% CD at my local bank that has great customer service.. if you let it auto renew you get the same rate and term indefinately.. so if rates go back down into negative territory it should be a good permanent hold...
next December 23 ill be getting a nice 4000 bonus from my bank, and every xmas after that :)

>>53002604
4% in perpetuity ain't bad at all

>>52994210
Or you could have bought and staked chainlink and got far less reward, much more risk and locked them up too! Isn't that right fellow linkmarines!

>>52995713
How old are you? You should have some of it in the market (not more risk than you are comfortable with...even if its 20% of it), especially if you are adding to it annually for tax deductions.

>>52995453
where is your money parked then, einstein?

>>52999879
It will be just your luck that the US gov will announce a sovereign debt default in accordance with the Shemitah Jubilee. Sorry goys, but homestead dreams of financial freedom will have to be abandoned.

>>53002399
Checked but I'm wondering if anyone else has gotten shafted when trying to open a new account
>we're sorry we can't verify your identity
>Please get this form signature guarantee stamped by your financial institution and mail it to Oklahoma.

I think they're trying to stop people from getting the 7% i-bond rates, so adding extra hoops to stop procrastinator chads like me from getting $10k in before December 31.

>>53002576
this is one of the reasons why US treasuries are truly called "risk free"

even the banks may default and FDIC, like any other form of insurance, will find loopholes to avoid covering full payout. But if the US govt defaults, it's literally the end of the global financial system - so they won't, unless it's literally the end of the world anyway, in which case money no longer has value anyways.