You should see the pile of interest I got yesterday! Hahahhahahaha
*Investors Blog*
- Thread starter Warstud
- Start date
Let's see it
>.99$
That's enough for some Amsoil
All kidding aside we don't post amounts out of politeness to the new savers, but it was >$1000's+ in 5+ accounts.
That’s the exact reason why I want to see higher interest rates.
Thanks for that
Why not just buy a high dividend stock ? Theres some good Oil related , Tobacco and Communication stocks paying well . I just posted that DVN had bottomed and pays a !0% dividend . CRK bottomed and pays a 4% dividend . ET pays 9 % with alot of Insider Buying lately .
Depends if he meant that much in each of the 5 accounts, or that much combined from 5 accounts.Yeah, it’s not bragging if you got $____ of interest in 5+ accounts.
Pablo ain’t talkin’
Is anyone banking with Raisin.com Looks like they rep different banks and credit unions.
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I'm not but took a quick look, it looks like a similar structure to other online only institutions and what some brokerage firms are doing (thinking of Fidelity) where they leverage various other banks to allow $250K insurance at each institution.
I have owned ET for years. It’s a MLP so make sure you know what your buying.
KMI is similar. It pays 6.5%. I think it has some upside as well beyond the dividend. . Unless you don’t think we need pipelines anymore.
KMI is similar. It pays 6.5%. I think it has some upside as well beyond the dividend. . Unless you don’t think we need pipelines anymore.
I did the contrarian
Sold it recently as it was in a Roth IRA and IRAs are definitely not the place to hold a Master Limited Partnership. Even in a Roth you get taxed. Plus I saw enough warning signs that encouraged me to get into something less risky.
The signs were the Chairman Kelsey Warren making dilutive purchases again, the specter of Lake Charles becoming a money pit, increased borrowing costs, being "pumped" by many paid off advisors like Zacks and Motley Fool, etc. I'm not saying it's bad, I'm just saying do your own research on it.
I bought ET just after the epidemic started at around $5.80 a share for the 20% distribution. It has paid off for me.
Sold it recently as it was in a Roth IRA and IRAs are definitely not the place to hold a Master Limited Partnership. Even in a Roth you get taxed. Plus I saw enough warning signs that encouraged me to get into something less risky.
The signs were the Chairman Kelsey Warren making dilutive purchases again, the specter of Lake Charles becoming a money pit, increased borrowing costs, being "pumped" by many paid off advisors like Zacks and Motley Fool, etc. I'm not saying it's bad, I'm just saying do your own research on it.
Yes ..... Thanks for pointing that out . I remember someone mentioning that they would never buy an MLP again because of the nightmare it was to do there taxes .
I wouldn’t call it a nightmare to actually factor and file but the fact that you could pay taxes in a protected account and be liable for loses can be a bit scary
They already have too many $70K pickups they can't sell. This will slow their carry costs.
