Originally Posted by Rain Man:
I was banging the drum for I bonds late last year, and my wife and I maxed out what we could buy, which is a relatively low limit. Nonetheless, I'm very happy that I did it. If we didn't buy the I bonds the money would have probably been in the market and we would have lost 15 percent of it. As it stands, we'll make 9 percent, so that's a 24 percent swing.
I'm happy today, though only in the short term. ATCO was my sixth-largest holding at the end of last year (https://www.chiefsplanet.com/BB/show...#post16043631], and today it skyrocketed by 23 percent. However, it skyrocketed because apparently there's talk of it going private, and I don't like that. It's a great dividend stock for me that I've held for a long time.
So they are adjustable rate? I was thinking I could put them in ten years for my kids.
My FIL told me he had a CD that was rolling out that he had for 15%. I almost shit my pants. 15%???!!!! Obviously he got in at the top in the 80s. But holy balls. That's incredible.
He told me he didn't think he could get 15% return on his farm, which I have no idea if it is true, but getting something locked in here on at a high rate isn't the dumbest diversification. [Reply]
Originally Posted by Buehler445:
What did he do now?
Sold 7billion worth of shares right after the shareholders meeting and after saying he wouldn't sell any more a couple months ago. He must be losing the Twitter case. [Reply]
Originally Posted by Buehler445:
So they are adjustable rate? I was thinking I could put them in ten years for my kids.
My FIL told me he had a CD that was rolling out that he had for 15%. I almost shit my pants. 15%???!!!! Obviously he got in at the top in the 80s. But holy balls. That's incredible.
They have a fixed component w/ a variable inflation component that get updated biannually. The fixed component has mostly been 0 since the GFC. Though with rates getting jacked there maybe a bit of a fixed amount next refresh.
I think just stocks or real estate would be better for the kids 10 years down the road.
If you had I series bonds from the 80s still you're probably collecting 20%+ on govt backed bonds that aren't liable to state taxes and can defer fed taxes and keep compounding until maturity. That would be reason for a happy dance lol [Reply]
I got a job offer that's going to pay me more than I've ever made in my life (I'm a few years from 40 so I guess it's about time) I figure I'll have about 10-15k I want to invest my first year. Is that a good amount? Where should I begin? [Reply]
Originally Posted by Titty Meat:
I got a job offer that's going to pay me more than I've ever made in my life (I'm a few years from 40 so I guess it's about time) I figure I'll have about 10-15k I want to invest my first year. Is that a good amount? Where should I begin?
Real Estate, buy you a rental. Best thing I ever did.
Oh wait, you probably rent , Buy your own home , get a fixer upper , live there for a year while you get it fixed up and then move to another house and rent that one out. that's how I did my first three. [Reply]