*Investors Blog*
- Thread starter Warstud
- Start date
Alright BITOGers, a question for you. What would you do with some cash you're sitting on for a down payment on a house, purchase time frame the middle of 2023?
jeff
jeff
Half TSLA half META. The rest buy palladium and TQQQ
Seriously, you are talking about $50-100K or so?
A money market or savings account. Shop around for best rates.
6 mth treasury bill is at over 9 % these days I believe:
https://www.treasurydirect.gov/marketable-securities/treasury-bills/
Short term = ultra conservative.
Or, put it all on red. J/K....
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Yeah, how much cash you have on sidelines ?
Treasury bills are a good idea and low risk.
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For maybe $20K is it worth the hassle - and what if the house deal of the lifetime pops up in January? He wants liquidity, security and make a little money via interest.
I don't know your circumstances on the middle of next year so that might sway what I say.
I wouldn't do anything with it but put it in a 2+ % savings account and have it ready to go at anytime. The house is the investment, preserve the down payment.
You may find a deal that more than makes up any gains between now and then.
Thanks guys. A few answers:
Pablo it's about those two figures combined.
The move is entirely optional, we're just looking to enlarge our space/property so market conditions will be a big factor. At current prices we have quite a bit of equity in our current place but want to be positioned to close on the new place before selling the current one if need be.
Pablo it's about those two figures combined.
The move is entirely optional, we're just looking to enlarge our space/property so market conditions will be a big factor. At current prices we have quite a bit of equity in our current place but want to be positioned to close on the new place before selling the current one if need be.
GON
$175 Site Donor 2026
I think I am going to buy a treasury bill today, logging onto the website now.
I am in no position to give advice. However some places to look:
CD's are paying 4-5%. Most you can pull out at any time you just loose some of the interest - read the fine print - it can be 30 to 90 days.
Read the fine print at treasury direct if you go that route. Some products like I-bonds are locked in for a minimum time - so know what your buying.
CD's are paying 4-5%. Most you can pull out at any time you just loose some of the interest - read the fine print - it can be 30 to 90 days.
Read the fine print at treasury direct if you go that route. Some products like I-bonds are locked in for a minimum time - so know what your buying.
TSLS had a good day. Tesla is a great company that’s still waaaaay overpriced.
https://www.cnbc.com/2022/11/09/bin...crypto-exchange-on-the-brink-of-collapse.html
Good to see this crypto crap crash….
https://www.cnbc.com/2022/11/09/bin...crypto-exchange-on-the-brink-of-collapse.html
Good to see this crypto crap crash….
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BYND showed the Fickle Finger of Fate a few years ago and it continues its journey to the abyss. Once a stock worth over $200 it’s now scrambling at $11.XX and News is out that sales are way down.
No stock has ever survived the FFF. Check out the five year chart.
https://www.cnbc.com/quotes/BYND
No stock has ever survived the FFF. Check out the five year chart.
https://www.cnbc.com/quotes/BYND
Thought I had Apple timed right, earlier this year when it was close to the 52 week low. Well, I'm in it for the long haul.... 10 more years.
The whole mess is a jokeTSLS had a good day. Tesla is a great company that’s still waaaaay overpriced.
https://www.cnbc.com/2022/11/09/bin...crypto-exchange-on-the-brink-of-collapse.html
Good to see this crypto crap crash….
This article is full of government speak. Inflation rises less than expected so it’s called easing.
Everyday people are not noticing any easing at all.
https://www.cnbc.com/2022/11/10/con...er-less-than-expected-as-inflation-eases.html
Everyday people are not noticing any easing at all.
https://www.cnbc.com/2022/11/10/con...er-less-than-expected-as-inflation-eases.html
I saw a article that said it was cooling.....what a joke...
Today diesel cost/gal is about 280% higher than it was in all of 2020.
Actually that's Economics speak. In times of high employment, inflation is a natural result. A "little" inflation is considered a good thing because it means the economy is strong.
Of course the current inflation level is hurting many, but it certainly isn't hurting spending. Consumption continues to be strong and corporate profits are through the roof. These are both drivers of inflation.
Slowing the rate of inflation while maintaining high employment is a rare occurrence.
https://www.wsj.com/articles/ftx-ta...isky-bets-setting-up-its-downfall-11668093732
Dude should be in prison. Political donor!!
Dude should be in prison. Political donor!!
