OK, so my savings account % isn’t doing a lot but at least my money is safe. I don’t want to be obsessed with my $$$, what can I do? I want low risk, low maintenance but safe?
Bonds seem good but only 10K per year.
CD % isn’t much better than savings and the money is locked up.
…??
Man my savings is kicking ass right now, never have I saved up so much in my life. But I need some sorta stability in this matter, I want my savings to grow out the rest of the year but eventually I may have to take another job to do that. That’s not something I want so I hope I can land something that pays slightly better.
That place is the truth. I love it. I don’t even bother to go to my bank sites anymore. All of my info is there on one page. It really made me tighter in budgeting.
real estate. no joke.
some high interest universal life policy would yield more than a cd or esp a savings acct these days.
what do you guys think of investing in gold bars? 1 oz. i believe is about $1200 now a days. gold prices have steadily gone up.
I like Mint, but I prefer Yodlee MoneyCenter, at least until Mint gets better import and reporting functionality.
If you want to invest in gold that’s fine, but don’t make it the majority of your investments. I keep only 3% of my portfolio in metals because prices get super volatile. Gold has had a good decade, but if you expand the horizon longer, you’re going to find that you had a really slow growth in the decades before that. The fact that the price is near an all time high makes it that much more dangerous right now. You can give a hundred arguments about the future worth of the dollar and all the hyperinflation that’s coming but the price of gold has already gone up way before any inflation has come to town. You could get hurt really badly paying today’s prices.
Sharebuilder is being very generous with the free trades this year. I am personally sitting on more than 50 of them that I have until the end of next year to use. Get the codes here:
http://www.retailmenot.com/view/sharebuilder.com
that’s better than chase, which is from what i remember .1%
ya, i did a double take and asked that fool twice. 1.5 isnt too shabby for ING compared to chase
im outi
Roberth
Actually it is better than most banks. But at one point ING Direct used to be as high as 4.5% if not higher.
I seriously don’t understand why anyone would tolerate such low interest rates when there are reasonably safe things out there like FCO which has an interest rate close to 7%. It’s kind of rare among bond funds right now too because it’s trading very closely to it’s net asset value. I’ve been using those sharebuilder codes to buy $25 worth every other week. Data on it here:
FCO: Summary for Aberdeen Global Income Fund, In- Yahoo! Finance
Dont you need at least a stack to start on that? Reason why i asked i could be wrong but i was attempting to do REITs and that what i needed.
Finally my CD’s are coming out maturity date…Back then we thought it dropped from 4.2% to 2%, i didn’t know it dropped to .2% WTF…I have about $20,000 to use, i dont want to put it in a CD anymore, what are my options?
There’s no minimum that you have to start with on anything that’s publicly traded. REITs are the same, and I could give you a short list of REITs with double digit yields, though they’re going to be a little more volatile than this. PSEC and GOOD come to mind. If you sacrifice the yield a little I really like O’s payment history. Where you run into issues is controlling your cost of trading. Since you can get Sharebuilder trades for free, and they always reinvest dividends for free, that problem is pretty much resolved, at least until 2012. After that there’s Zecco, trades are $4.50 there.
If you’re looking at buying something that’s not public, I want to recommend changing your mind. I do not like non-liquid investments, regardless of yield.
The field is wide open for buyers right now. I love nearly everything in the consumer staples sector. Check out the aisles of your local grocery for some fantastic values. Coca-Cola, Pepsico, Procter & Gamble, Kraft, Johnson & Johnson, Clorox. So much win. I’m also heavy on General Electric, Pfizer, and Nintendo. All tremendous opportunities in a gradually strengthening economy.
I was curious today and NASDAQ gave the “NASDAQ Dozen”. I really like that it makes things a bit simpler. From now on I’m reviewing my portfolio as part of my “overtime hours” almost every day. With that I’ve decided is to go after Disney for now in addition to the stocks i have in Underarmor and Pfizer. I still want a fourth one so I’ll see.
I was curious about Netflix and HOLY SHIT I wish I was apart of that when they first came out. With that in mind I hope gamefly get themselves out there. If they do I’m taking a huge plunge into it.
negative yield on TIPS now?
Is that actually possible? I don’t buy TIPS myself, but I do have Series I bonds which are also inflation indexed. They can pay zero, but never below it.
Careful not to get caught in the growth trap where you overpay for something, that even while the company has great financial growth, the stock moves slowly, or even drops suddenly because it’s already been raised up.
I own Disney myself, but I’m against buying more at it’s current price. I don’t think I could say that it’s overpriced, but the current yield is barely 1%, and they only pay dividends once a year. I’m not especially motivated to sell here, I’m just not sold on buying more.
Netflix is a possibility for a growth trap. I would give you that they probably will grow explosively from here, but if the stock price has also already grown along with them, you could see inferior returns. You’ve got to remember that what you get as an investor does not always equal what the company is receiving as profits.
A really good read on this that I just finished is Jeremy Seigel’s “The Future for Investors”. It talks extensively about the growth trap.
Oh, I meant to share this, I think it’s the greatest kids site I ever saw! Warren Buffett does his own voice! Shoot, it’s even entertaining for adults.
Well in regards to Disney what got me interested for a while was the purchase of marvel. There were a number of other factors as well. Netflix I’m not doing it at all. I was curious about it when I did a search on Nasdaq and i yelled holy shit in my apartment.
Just thought i would shoot this one out there though this is unlikely, Does anyone know any Initial Seed investors looking to fund a new startup? Me and a Friend are working on an Application for the Android Platform and need to start networking and making solid connections to fund this project.