John the Plumber
Well-Known Member
Forbes Editor predicts DTJ could go to zero......... Sell Sell Sell as Jim Cramer says....
How the hell are we supposed to retire?
- Thread starter Red Mosquito
- Start date
Dave Taylor
Rex kwan Do
Well, it probably doesn’t matter because you’re part of the rich white people. You can probably lose 3/4 of your portfolio and be better off than non-rich white people. Unlike you, I have made plenty of mistakes and owned up to them. You guys are so simple. If you go back to that time in 2020 like I have said 10 times over my call for the largest crash of all time was on point until Mr. President decided to print $6 trillion worth of money which has never been done in history. so take that $6 trillion away in the market would have crashed. So yes, I was wrong a manipulated market. That was also in a trading account, not my retirement or annuity, etc.
Dave Taylor
Rex kwan Do
The same people that rocket it up DKNG, ARKK,
The same people that rocketed up, DKNG, ARKK, TS, LA, PL,TR, etc. etc. and guess what? All of these crashed too. But I bet you guys didn’t own any of those like some other fools on here.
Dave Taylor
Rex kwan Do
I’m sure he is much much better than flush. I’m also quite sure that any investments that he did have been transferred into other entities or his children.
I’m sure he is much much better than flush.
That guy is a genius. You should always listen to him
w_b
Well-Known Member
Late to the party.
I think DJT has room to run. I’d short it. Go long Bitcoin Tom.
The sky is not falling.
I haven’t paid attention. What’s going on with Tesla?
Mahnken
Well-Known Member
The cybertruck is AWESOME!
They must have mentioned AI recently.
w_b
Well-Known Member
I recently found the "brokered CD" section in the fixed income portion of my self-directed account.
Usually runs about 0.2-0.5% higher yield than a regular bank CD that you buy at a bank.
I'm having a hard time wrapping around this- but, ummmm, OK:
my 9mo 5.2% Ally Bank CD matured and they wanted to renew it, but only at 4.9%
I went to Merrill and bought a brokered CD from Ally Bank for 9mo, paying 5.4%.
Something to think about for you yield-hounds....
Usually runs about 0.2-0.5% higher yield than a regular bank CD that you buy at a bank.
I'm having a hard time wrapping around this- but, ummmm, OK:
my 9mo 5.2% Ally Bank CD matured and they wanted to renew it, but only at 4.9%
I went to Merrill and bought a brokered CD from Ally Bank for 9mo, paying 5.4%.
Something to think about for you yield-hounds....
Other companies are failing and they reported solid sales figures.
Bond funds' base value can change. (can be short or long term gain/loss)
sgov dividend is not federal exempt.
the dividends are taxed at the marginal tax rate. ?????
i'm in a vanguard NJ/fed tax exempt fund. so the dividend is exempt.
the growth/decline of the fund is not.
Yeah I never said they are bonds or are federal exempt. It tracks short term t-bills and state tax exempt.
I've been doing short term brokered CDs in my Vanguard account. 3 to 4 months at or above 5% for about 2 years now, which was running higher than the Federal MM fund by a small amount. I have a CD maturing later this month and it looks like new CD rates are down to 5 flat, which is at or below the Fed MM fund. So I guess the party is over?
Not sure if it's really the best idea, but i go with 1-2year junk bonds of a company that I doubt will have issues paying the bonds.
w_b
Well-Known Member
With (supposedly) an imminent Fed interest rate drop, it appears that 5 flat for 9+ months is about all you gon’ get now.