/biz/ - Business & Finance

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Anonymous Mon Sep 26 13:17:59 2022 No.51639344 [Reply] [Original]

what advice would you have for someone who is 100% in cash?

>>	Anonymous Mon Sep 26 13:28:28 2022 No.51639553 >>51639344 At least put it in govvies and get a little bit in return

>>	Anonymous Mon Sep 26 13:32:09 2022 No.51639626 >>51639553 what is govvies?

Anonymous Mon Sep 26 13:37:00 2022 No.51639722

>>51639626
Treasuries. I recommend 8-week t-bills which are over 3% apy. Much better than a savings account, but your money is locked up for the eight week period. If you can't tolerate having it locked up for 8 weeks at a time, try the four week treasury bills at 2.6%.

>>	Anonymous Mon Sep 26 13:41:36 2022 No.51639807 >>51639722 >how to .03X in only 8 weeks

>>	Anonymous Mon Sep 26 13:48:20 2022 No.51639926 File: 66 KB, 615x500, 1655447593195.jpg [View same] [iqdb] [saucenao] [google] >>51639344 I tried to do it for that reason, but the cold oatmeal just didn't feel right.

>>	Anonymous Mon Sep 26 13:52:07 2022 No.51639989 >>51639344 You're a complete idiot. Buy commodities or suffer.

>>	Anonymous Mon Sep 26 13:53:26 2022 No.51640014 >>51639807 It's 3% annualized, but the bill matures in an 8 week period. I just checked and it's only 3% now but give it a week and it will probably go to 3.1%

>>	Anonymous Mon Sep 26 13:53:30 2022 No.51640016 >>51639722 that sounds too good to be true

>>	Anonymous Mon Sep 26 13:53:55 2022 No.51640031 File: 3.06 MB, 3931x3472, 1827662C-344D-49F7-A16C-7A62885D6FC7.jpg [View same] [iqdb] [saucenao] [google] >>51639344 Don’t

>>	Anonymous Mon Sep 26 13:59:17 2022 No.51640145 buy as much link and btc as you can.

>>	Anonymous Mon Sep 26 13:59:52 2022 No.51640156 >>51640014 but what if it goes below 1%?

>>	Anonymous Mon Sep 26 14:00:23 2022 No.51640160 >>51640016 Why? It's stable but hella low return. 3% per year. It's basically staking 1.0 for fiat.

>>	Anonymous Mon Sep 26 14:01:09 2022 No.51640173 >>51639344 100% in anything is never good.

Anonymous Mon Sep 26 14:02:57 2022 No.51640203
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>>51640156
It's not a stock with a floating dividend. When you purchase treasuries, it's locked at the coupon rate when you buy them until your it reaches maturity. Dyor and learn how treasuries work. Treasurydirect.gov

>>	Anonymous Mon Sep 26 14:06:30 2022 No.51640266 >>51640203 oh ok thanks

>>	Anonymous Mon Sep 26 14:08:57 2022 No.51640308 File: 67 KB, 960x825, 1583943097584.jpg [View same] [iqdb] [saucenao] [google] >>51640203 i dont know how to read the site

>>	Anonymous Mon Sep 26 14:24:56 2022 No.51640562 >>51639344 Don't let the bitch see your stack

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