I'm finally selling the house and moving to the farm I started 20 years ago. Wife just retired and I need to sock away some money safely. Shouldn't be a major problem to get short term CDs at 5.00%. Is that my best bet or other? Shouldn't need any of the money for the next couple of years.
Fixed income
- Thread starter shaz
- Start date
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kenny thomas
Well-known member
Those are very safe at least.
Mrcopier
Well-known member
Money market is about the same, I have some in a 5.35%. But it's liquid not term
Silver
Well-known member
I might be inclined to buy dividend paying stocks that pay over 5%. They are out there, and there is the chance the stocks will also appreciate nicely over the next few years.
1982vett
Well-known member
Yeah, Treasury Money Market and Federal Money Market Funds at the Vanguard Group have been yielding over 5% for a while now. Can also set the account up with a checkbook option so it works just as well as any bank interest bearing account.
You can do a little better with a Treasury Direct Account. I am switching back to a Vanguard Money Market Account just because it can get to be a lot keeping up with maturing treasury notes.
Latest auction for Treasury Notes:
4 Week 5.375%
8 Week 5.393%
13 Week 5.395%
17 Week 5.406%
26 Week 5.366%
You can do a little better with a Treasury Direct Account. I am switching back to a Vanguard Money Market Account just because it can get to be a lot keeping up with maturing treasury notes.
Latest auction for Treasury Notes:
4 Week 5.375%
8 Week 5.393%
13 Week 5.395%
17 Week 5.406%
26 Week 5.366%
OP
OP
shaz
Well-known member
I'll look into that
OP
OP
shaz
Well-known member
I don't see anything "safe" yielding over 5% right now, do you?
OP
OP
shaz
Well-known member
That's what I'm looking for right now, thanks
Silver
Well-known member
Yes. Enbridge comes to mind right off the start (about 7% I think). BNS is another one.
I have some cash in short term CDs right now at a hair over 5%.
farmerjan
Well-known member
I have been playing a bit with some of the inherited money from parents estate.. One stock I like and have put some into is PDT.... pays around 8% dividend, monthly payments... good track record for over 20 years.... Thank you to @Caustic Burno for getting me to look at dividend stocks... not the one he suggested, but I am satisfied... also have a couple of "penny stocks"... paying in the 8-10% dividend ... and they are "fluid" as I can sell them if needed in a hurry.... might not make back what I have invested, if I had to sell fast.....but pretty stable... I try to buy a few more everytime the price drops below what the average I have in them... got a couple that if they get back to where my average cost is hit, I will sell... but that is part of it...
4hfarms
Well-known member
With the way gold is moving, don't count it out.
Bullion, ETF, miner stocks, support rolls, etc.
It's time, has a lot of solid reasons.
Just my 2c.
Don't ever bet the farm, on anything!
Bullion, ETF, miner stocks, support rolls, etc.
It's time, has a lot of solid reasons.
Just my 2c.
Don't ever bet the farm, on anything!
OP
OP
shaz
Well-known member
Already have Enbridge, thanks
dcarp
Well-known member
NVIDIA stock has gone up rapidly, but it also had a major drop recently. I own some but I also have an indefinite expiration sell order at a target price. It is a very volatile stock. I would not recommend unless you can stand the potential risk of a downturn. They are the AI leader but the competition is rising fast.
Mrcopier
Well-known member
NVIDIA fell way down yesterday. Lost my butt. But it will be back. Look at ET it has a 8-9% dividend
OP
OP
shaz
Well-known member
Made a big chunk off them
My Vanguard and Fidelity bond and MM accounts in my 401k have not done well this year.
5% on a pile cash is not a bad days work.
TexasJerseyMilker
Well-known member
I have what I call Financial Ant Farms with Fidelity.
