I rolled my new roof into the "solar project", meaning I got the 30% tax credit on the new roof as well. You need to talk to a solar company. Perhaps start with Costco Sunrun.
Thread closed. Winning.
What's the definition of borrowed money? There's a pretty wide range from paying a minimum mortgage payment and investing the rest that one could alternatively use to pay off debt versus taking out a loan. I'd argue both could be defined as borrowed money.
Maybe a 50 year mortgage…. ?
Bankers:
”If you worry you’ll be dead in 50 years….. Don’t worry your family will just inherit the property.“
When interest rates go up the value of a bond goes down. My current bestie ETF's are: BCI (a bet on inflation) and TBF ( a bet on rising interest rates). TBF basically shorts long term treasury bonds.
The interest rate on I bonds is tied to the inflation rate. The dividend rate is expected to rise to over 9%. There are limits ($10,000 per year per individual) and an additional $5000 if you want the bond instead of a tax refund. There are also rules about redemtion. You're not goning to get rich with these but the current and near term expected dividend on a near riskless investment are too good to pass up imo.
CD's are relatively short term. The big winners are those who bought long term treasury bonds when interest rates peaked (even better, those that bought "strippers" (treasury bonds sans coupons). Those strategies would be big time losers when interest rates are rising.
That will sort of preserve your capital. However, it is hardly a profitable investment when your money is devaluated at 8%.
