|
04-18-2023, 08:31 PM | #1306 |
Spooky Action
Join Date: Dec 2003
|
I invest through Vanguard and didn't realize I could add CDs to my IRA through them. There were options there a bit above the going MMF rate.
|
Posts: 6,391
|
1 0 |
04-18-2023, 08:51 PM | #1307 |
MVP
Join Date: Sep 2005
Location: Austin,TX
|
Market sucks buy 3 and 6 month t-bills and build an income stream. When the market tanks to 26,000 or so buy the best companies after cashing out t-bills.
|
Posts: 11,880
|
04-18-2023, 09:07 PM | #1308 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
|
I've got a Fidelity money market where I'm just holding cash like that, and it's pretty good. I think it's about 4.4 or 4.5%. But the problem is that it'll go down really fast as interest rates go down. Locking in the CDs keeps me at that rate for a while on the bet that interest rates will go down.
|
Posts: 142,615
|
04-19-2023, 07:50 AM | #1309 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
|
Quote:
I guess my point is, these interest rates FEEL high, but the last 20 years have been kind of an anomaly. Now that is a hell of a long anomaly, but there is certain risk that 4% is the floor, because it kind of has been, historically. My mom was cleaning out some shit, and had some of my old tax returns and shit. So I pulled out the 1040s and shredded the rest. In doing so I just happened to look at a statement from 1995 that said I was earning 5% on savings. In podunk nowhereville National Bank as a complete ****ing moron kid. When I shredded that stuff, I was longing for the days I could get that. I got this chart from an email so I can't verify the source, but it makes sense. |
|
Posts: 57,682
|
04-19-2023, 09:23 AM | #1310 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
I'm still waiting to see the photo of Dartgod holding the bottle of Bourbon from Lewdog for winning this contest.
|
Posts: 52,011
|
04-19-2023, 11:54 AM | #1311 |
Fish are scared of me
Join Date: Nov 2001
|
I've been buying TSLY 72% Dividend pays monthly and OARK 59% Dividend pays monthly also. Every time I make a some profit on a trade it goes there
I got my first divi payment the other day. Unbelievable! |
Posts: 40,765
|
04-19-2023, 12:58 PM | #1312 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
|
|
Posts: 57,682
|
04-19-2023, 01:16 PM | #1313 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
|
Quote:
|
|
Posts: 142,615
|
1 0 |
04-19-2023, 03:14 PM | #1314 |
Fish are scared of me
Join Date: Nov 2001
|
Puts/calls both. Wait it says just calls after reading again. I remember last month it said they buy both. And the yields fluctuate monthly
https://www.yieldmaxetfs.com/ I see they just launched one for Appl Last edited by Hog's Gone Fishin; 04-19-2023 at 03:20 PM.. |
Posts: 40,765
|
04-19-2023, 03:52 PM | #1315 | ||
Supporter
Join Date: Apr 2007
Location: Scott City KS
|
Quote:
Quote:
Spoiler!
I'm a rube when it comes to option strategies (that aren't tied to the bushels I grow), but I think it should work pretty well until it gets into violent moves. If it moves hard, I'd look to get out. |
||
Posts: 57,682
|
04-19-2023, 04:41 PM | #1316 | |
Fish are scared of me
Join Date: Nov 2001
|
Quote:
|
|
Posts: 40,765
|
04-19-2023, 06:46 PM | #1317 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
|
|
Posts: 57,682
|
04-20-2023, 12:38 PM | #1318 |
Fish are scared of me
Join Date: Nov 2001
|
UCAR has been a beast today
|
Posts: 40,765
|
04-29-2023, 07:21 AM | #1319 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
Still not a great trading market, although if you're trading in this I think it's been ok for day traders. That's not my specialty as my trading patterns mostly focus on swing trades.
I know there's a few day traders here and some that do it full time. Care to share your markers and strategies? |
Posts: 46,059
|
04-29-2023, 10:10 AM | #1320 | |
Fish are scared of me
Join Date: Nov 2001
|
Quote:
Swing trading has been tough. If you see ANYTHING that resembles profit you have to snatch it fast. A year ago I was consistently nailing the dead cat bounce plays day after day by finding premarket losers and buying and setting a 10% sell limit order and then all of the sudden it just quit. Like a switch was flipped. The sad fact today is the MM's and hedgefunds control everything and know how to take unfair advantage. They use computers with preprogrammed algorithyms to beat the system. Day after Day I'll set 3 charts up side by side by side and watch three unrelated tickers move in the exact same pattern to the minute. It's really infuriating. And when did short selling become such a thing ?? I don't even remember hearing the term 10-15 years ago but now it's the most profitable way to make money by driving businesses into the ground. It should be illegal. |
|
Posts: 40,765
|
|
|