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Replies: 31
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Orange Blooded [3227]
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Joined: 6/24/23
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Just opinions. If you were going to put 150k away for safe keeping...
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Aug 7, 2023, 7:12 PM
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With limited risk, but still wanted a return, where would you put it, aside from hookers and blow. Serious answers please. It's someone else's money.
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All-In [31657]
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Joined: 1/28/15
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Re: Just opinions. If you were going to put 150k away for safe keeping...
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Aug 7, 2023, 7:14 PM
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You can get 5% on MM accounts right now
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All-In [40970]
TigerPulse: 100%
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Joined: 11/30/98
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short term t-bills are at 5.4% on the secondary market
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Aug 7, 2023, 7:16 PM
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that's where all my cash is except for a few CDs that are also over 5%
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Heisman Winner [136839]
TigerPulse: 100%
Posts: 41819
Joined: 8/26/07
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One of the hi interest savings accounts
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Aug 7, 2023, 7:20 PM
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I’ve got mine with American Express but there are several
4.15%
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CU Medallion [73569]
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Posts: 78044
Joined: 11/30/98
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Depends on how long
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Aug 7, 2023, 7:23 PM
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Safe ETF
CD if you know the exact time
You can get a 5% high interest acct right now
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Heisman Winner [120205]
TigerPulse: 100%
Posts: 54639
Joined: 6/24/09
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CCLFX
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Aug 7, 2023, 8:16 PM
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Check it out
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Orange Blooded [3227]
TigerPulse: 100%
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Re: CCLFX
Aug 7, 2023, 8:18 PM
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Appreciate it.
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All-In [34486]
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Joined: 8/30/19
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Re: Just opinions. If you were going to put 150k away for safe keeping...
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Aug 7, 2023, 8:26 PM
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I would invest half of it in low-risk mutual funds and then take the other half of it to my friend Asadulah, who works in securities...
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All-In [36450]
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Joined: 12/6/13
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Buy a townhome w cash then rent the townhome.
Aug 7, 2023, 10:00 PM
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Real estate market isn’t gonna crash so if you need the money after a few years then sell said townhome.
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Oculus Spirit [85963]
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My home appraised for $190K in 2008
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Aug 8, 2023, 8:17 AM
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kept it for 5 years, lots of upgrades and sold it for $157K after 80+ showings over 18 months.
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Oculus Spirit [75902]
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You are a pretty smart fella, how did you mess up so badly?***
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Aug 8, 2023, 8:37 AM
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Oculus Spirit [85963]
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As a 24 year old, I failed to predict the economic crash
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Aug 8, 2023, 8:45 AM
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that was about to unfold and trusted my experienced realtor who said "this is a $200K home" and "buying a home is one of the best investments you can make".
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Oculus Spirit [75902]
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While I didn't buy my first place until 2010 I too was in
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Aug 8, 2023, 9:16 AM
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too big of a hurry to sell it. I did make money off the deal and the money made off said deal was used for the current home so I THINK I did that right. Even still If I'd have held on to that place I'd be sitting on a gold mine...well maybe silver mine.
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Oculus Spirit [81387]
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You would have at least doubled your money.
Aug 8, 2023, 9:24 AM
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Maybe more.
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Oculus Spirit [75902]
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Probably right at doubled after taking into account any
Aug 8, 2023, 9:35 AM
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maintenance and paying the sales commission.
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CU Medallion [60261]
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I'm not a patient person when it comes to selling houses
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Aug 8, 2023, 9:50 AM
[ in reply to While I didn't buy my first place until 2010 I too was in ] |
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I fret too much about the bad things that can happen to them if I hold on (fire, flood, market collapse, etc). So every time I have sold a house, I strive to get rid of it as quickly as possible, even if it costs me some profit.
To me, peace of mind/absence of worry is better for my health than a fatter wallet.
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Oculus Spirit [75902]
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This make it sound like you are selling houses way too
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Aug 8, 2023, 9:55 AM
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often, unless you are in the business of selling houses of course.
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CU Medallion [60261]
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nah, I've sold 3 in my life
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Aug 8, 2023, 10:23 AM
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2 were mine (because I was moving to another city hundreds of miles away), one was the parents (also 200 miles away).
All 3 sold in 2 weeks (or less) at asking price. Looking back I probably priced all of them too low, even though it was market value according to the realtor. I could have hiked the price and waited, but I didn't want to deal with the upkeep 300 miles away waiting for it to sell. If they were across town, it would have probably been a bit different. And after horror stories from friends who had sat on houses for several years trying to sell, I felt EXTREMELY blessed to get rid of them and the stress that comes with that process. Like I said previously, getting out from under it with a few dollars profit was just fine with me.
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Oculus Spirit [85963]
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I would put all of it
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Aug 8, 2023, 8:15 AM
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up your butt and around the corner.
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Heisman Winner [105934]
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Joined: 12/2/02
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Sheeet, Ally has about 4.5% on their accounts, I think.
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Aug 8, 2023, 8:17 AM
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I dumped some in there, even have a "debit" card if I need to withdraw any but I have never tested it. Hopefully it works...one day.
Limited to $50k deposits per day, IIRC. Something weird like that.
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Oculus Spirit [85963]
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She sounds hot***
Aug 8, 2023, 8:18 AM
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Heisman Winner [105934]
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She let me dump some into her, so I am not complaining.***
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Aug 8, 2023, 8:19 AM
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Oculus Spirit [85963]
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CFA spicy sandwiches aren't really that hot, but my
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Aug 8, 2023, 8:21 AM
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cornhole is like a Thai spice 7 this morning.
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Heisman Winner [105934]
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I love that sandwich but I opted for nuggies last time at
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Aug 8, 2023, 8:24 AM
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CFA so less bread. Possibly not much healthier but it made me feel less bloated when we headed out to the beach.
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Oculus Spirit [85963]
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Re: I love that sandwich but I opted for nuggies last time at
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Aug 8, 2023, 8:26 AM
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Oculus Spirit [85963]
TigerPulse: 100%
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Joined: 5/21/14
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Heisman Winner [105934]
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Saw that one, thanks. I feel pretty
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Aug 8, 2023, 8:34 AM
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sometimes.
But sometimes I just want to eat.
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Oculus Spirit [75902]
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Joined: 10/26/03
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I'd maybe but 10k into series I bonds
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Aug 8, 2023, 8:40 AM
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they are only at 4.3% now but should the fed start to lower interest rates all of a sudden they will stay up for a few months where the online savings accounts will drop precipitously if that happens.
With the other 140k look around here and see what all deals you can cash in.
https://www.nerdwallet.com/best/banking/high-yield-online-savings-accounts
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All-In [31938]
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Joined: 11/22/03
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High interest on-line acct that is FDIC insured...
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Aug 8, 2023, 8:40 AM
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and, if your married, put in 10k each into I-bonds (depending on current rate)
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Oculus Spirit [81387]
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I'd buy a place in line to buy a Freeman boat.
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Aug 8, 2023, 9:21 AM
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sell it in 3 months for twice what you pay for it.
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All-TigerNet [13764]
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This is not as crazy as it sounds
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Aug 8, 2023, 10:24 AM
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for those of you not as familiar with the boat industry.
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All-TigerNet [11258]
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Short or long term? Long term - overfunded life insurance***
Aug 8, 2023, 11:22 AM
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Replies: 31
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