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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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3 Moth T Bills $$ cost avg in monthly...4.27 %..safer than anything else...3 month horizon of risk...then you get you $$ back to repeat..
NOTHING ELSE IS AS SAFE AT THE MOMENT.. Blow me wt the FDIC...i bin through that in 1990...not enough money to cover a run...it is a placebo..
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Copyright "Some Observer" |
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12-08-2022, 01:16 PM
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Join Date: Apr 2002
Posts: 30,903
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I've been buying a lot of longer term yields (up to 10 yrs) well north of 5%, with most of it call protected. 5 yr CDs @ 5% (with CP) seem to have all lost their CP over the past month, but the yields are still good tho' I've passed on them so far. It's not windfall $$$ for me .... so preservation is my mode and I've still got a LOT of shopping to do in the next few months. Don't want any more houses, land, Porsches, hookers or blow
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12-08-2022, 01:20 PM
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Registered
Join Date: Dec 2017
Location: Opelika, Alabama
Posts: 5,277
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Quote:
Sent from my SM-N950U using Tapatalk
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"A little nonsense now and then is relished by the wisest men." Wonka |
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12-08-2022, 01:38 PM
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Senior Member
Join Date: Mar 2000
Location: Lacey, WA. USA
Posts: 25,312
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Hookers and blow are excellent investments.
If you don't need the money, then put it away. Using the usual investment criteria. Don't buy anything right away.
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Man of Carbon Fiber (stronger than steel) Mocha 1978 911SC. "Coco" |
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12-08-2022, 02:41 PM
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(the shotguns)
Join Date: Feb 2006
Location: Maryland
Posts: 22,159
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heavy to shortish t bills and maybe look into some corp bonds if you can manage 8% or so.
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***************************************** Well i had #6 adjusted perfectly but then just before i tightened it a butterfly in Zimbabwe farted and now i have to start all over again! I believe we all make mistakes but I will not validate your poor choices and/or perversions and subsidize the results your actions. |
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12-08-2022, 03:22 PM
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Do you buy your T bills at Treasury Direct? Do you bid non-competitively? Do you buy a particular dollar value at any one time (I know there is a min and max). Since rates are high, wouldn't a longer term (like 6 months to a year...or even longer) be a good bet (expecting lower rates eventually)?
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74 Targa 3.0, 89 Carrera, 04 Cayenne Turbo http://www.pelicanparts.com/gallery/fintstone/ "The problem with socialism is that you eventually run out of other people's money" Some are born free. Some have freedom thrust upon them. Others simply surrender |
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12-08-2022, 04:39 PM
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Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,807
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Invest it with this guy?
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- Peter |
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12-08-2022, 05:01 PM
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Registered
Join Date: Jul 2006
Location: Honolulu, HI
Posts: 9,913
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It is a windfall, have some fun.
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The fun - '06 Carrera, '79 930, '06 S4 Avant, '16 i8 The mundane - '24 Tesla Model 3, '22 Tesla Model Y, '19 Tacoma |
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12-08-2022, 05:18 PM
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Registered
Join Date: Dec 2016
Location: Napa
Posts: 2,372
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Pay off any debts and if you're debt free I'd invest it in physical gold and silver. No stocks or bonds will be safe shortly
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12-08-2022, 10:06 PM
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Registered
Join Date: Jan 2007
Location: Australia
Posts: 7,917
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Quote:
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In Heaven… the mechanics are German, the chefs are French, the police are British, the lovers are Italian and everything is organized by the Swiss. In Hell…the mechanics are French, the police are German, the chefs are British, the lovers are Swiss and everything is organized by the Italians. |
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12-09-2022, 03:32 AM
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Join Date: Mar 2009
Posts: 2,127
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Nothing feels better nor lasts longer than the good feeling of paying off debt...........
No debt? Second rule of finance is "never underestimate the power of cash"........... but like authority, cash only has value as long as you use it sparingly......... Or go be a fool like 99% of the population, and blow it on something stupid. Finally: go read this thread............ Lotsa wisdom here: http://forums.pelicanparts.com/off-topic-discussions/1131076-being-poor-has-nothing-do-income.html#post11866513
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Let's Go, Brandon! Last edited by Gretch; 12-09-2022 at 09:50 AM.. |
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12-09-2022, 09:46 AM
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Registered
Join Date: Jun 1999
Posts: 7,273
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1957 Speedster, 1965 356SC, 1965 356SC Outlaw, 1972 911T, 1998 993 C2S, 2018 Targa 4 GTS, 2014 Cayenne S, 2016 Boxster Spyder, 2025 Ranger Raptor |
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12-09-2022, 11:10 AM
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Driver, not Mechanic
Join Date: May 2013
Location: SF Bay Area
Posts: 3,024
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I would use it for my daughter's college tuition.
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12-09-2022, 03:35 PM
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Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,807
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Quote:
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- Peter |
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12-09-2022, 03:41 PM
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Registered
Join Date: Jan 2007
Location: Australia
Posts: 7,917
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Quote:
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In Heaven… the mechanics are German, the chefs are French, the police are British, the lovers are Italian and everything is organized by the Swiss. In Hell…the mechanics are French, the police are German, the chefs are British, the lovers are Swiss and everything is organized by the Italians. |
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12-09-2022, 03:48 PM
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Registered
Join Date: Jul 2000
Location: Central Kentucky
Posts: 3,686
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At this stage in my life? I'd buy the nicest low-miles 997 I could find for that amount.
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"Motorcycles... the cigarettes of transportation." Seth Myers |
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12-10-2022, 02:59 PM
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1974 Porsche 911 3.0
Yellow 911
