• Please be aware that we have recently gotten a wave of users that, when researched, are found to be from Nigeria. They are trying to sell products and asking to be paid through Zelle or Venmo leaving users with no recourse if they don't ship the product. If you suspect this activity please contact admin and we will research their information to verify their location.

ArboristSite.com Sponsors
Peak Industries


Investment guys,,,,,,,,

Huskybill

Huskybill

Addicted to ArboristSite
Joined
May 21, 2018
Messages
5,954
Age
69
Location
Northeast
time to call your broker and check what the interest rates are. Some rates are going up. I got a call from my brother.
 
NIP Group
ChoppyChoppy

ChoppyChoppy

Addicted to ArboristSite
Joined
Jun 17, 2013
Messages
9,866
Age
37
Location
AK
I keep my "investments" in a coffee can.

Have had a couple IRAs over the years... like ~20 years. For the most part would have been just as well to still that $$ in a coffee can too.
 
unclemoustache

unclemoustache

My 'stache is bigger than yours.
Joined
Jan 22, 2009
Messages
21,666
Age
49
Location
S. Il. near St. Louis
I invest in real estate. Rental properties. That doesn't unexpectedly fluctuate on a whim like the stock market. A much more stable investment, in my opinion, but it takes a lot more work! And of course, it helps to have some in-laws front the money for your first couple properties.
 
CentaurG2

CentaurG2

Addicted to ArboristSite
Joined
Dec 27, 2008
Messages
3,255
Location
New England
Only things that are rising are the price of fuel, mortgage rates and Americans waist size. Overall, investments have been pretty flat. If you can get 0.5 percent on a CD you are doing pretty good. You are really better off stuffing your mattress.
 
stihlaficionado

stihlaficionado

God of ArboristSite
Joined
Dec 26, 2006
Messages
87,447
Location
urbana, IL
Only things that are rising are the price of fuel, mortgage rates and Americans waist size. Overall, investments have been pretty flat. If you can get 0.5 percent on a CD you are doing pretty good. You are really better off stuffing your mattress.
Get away from the large investment banks & CD rates are much better www.bankrate.com

Brokered CD's are an option as well, but you will need to have a brokerage account & there will be fee's

My credit union in Florida is offering 3.5% for 64 months

Some regional banks here in Cham-Bana are up to 2.75% for 2 years

Major indexes have mostly recovered from their winter lows.


Economic indicator #s are all over the place...my bet is if oil advances past the $80 per barrel point www.oilprice.com,
folks will begin to pull back discretionary spending.
 
CentaurG2

CentaurG2

Addicted to ArboristSite
Joined
Dec 27, 2008
Messages
3,255
Location
New England
A 3.6 return aint bad but 64 months is a long time to tie up your money. Our local credit union offers 2.5 for 1 year over $10K on CDs. It still sucks but at least you maintain liquidity. You can also opt for Altria group with a dividend reinvestment plan. Hysterically they have always retuned about 5%. You can directly invest through computer share with very minimal fees.
 
stihlaficionado

stihlaficionado

God of ArboristSite
Joined
Dec 26, 2006
Messages
87,447
Location
urbana, IL
A 3.6 return aint bad but 64 months is a long time to tie up your money. Our local credit union offers 2.5 for 1 year over $10K on CDs. It still sucks but at least you maintain liquidity. You can also opt for Altria group with a dividend reinvestment plan. Hysterically they have always retuned about 5%. You can directly invest through computer share with very minimal fees.
Only things that are rising are the price of fuel, mortgage rates and Americans waist size. Overall, investments have been pretty flat. If you can get 0.5 percent on a CD you are doing pretty good. You are really better off stuffing your mattress.
So obviously not .5 %;)

DRIPs are not in the same class as CDs imo.

Cds are short term cash storage or if one is absolutely adverse to risk that's the place to park it as even bond funds are prone to price fluctuations(however minimal). There was a time when MM accounts yielded 3% or more. That day is long gone.

Hooskie 346s & Tide are excellent hedges against the tough times ahead & of course No Debt
 
stihlaficionado

stihlaficionado

God of ArboristSite
Joined
Dec 26, 2006
Messages
87,447
Location
urbana, IL
I invest in real estate. Rental properties. That doesn't unexpectedly fluctuate on a whim like the stock market. A much more stable investment, in my opinion, but it takes a lot more work! And of course, it helps to have some in-laws front the money for your first couple properties.
55dadf57dd0895ac378b456f-750-563.jpg

My wife mostly enjoyed the last time we rented from you, Unc. But next time she'd like a set of usable stairs out back & not a ladder
 
CentaurG2

CentaurG2

Addicted to ArboristSite
Joined
Dec 27, 2008
Messages
3,255
Location
New England
So obviously not .5 %;)

DRIPs are not in the same class as CDs imo.

Cds are short term cash storage or if one is absolutely adverse to risk that's the place to park it as even bond funds are prone to price fluctuations(however minimal). There was a time when MM accounts yielded 3% or more. That day is long gone.

Hooskie 346s & Tide are excellent hedges against the tough times ahead & of course No Debt
Last CD I took out was 0.44% and that was beginning of this month. You can get better rates but you need to put down a boatload of money or tie it up for too long. In todays markets, maintaining liquidity is key.
 
bowtechmadman

bowtechmadman

Addicted to ArboristSite
Joined
Mar 30, 2007
Messages
3,148
Location
Big Rapids MI
Since investing is the topic...thoughts on land? Neighboring 160 acres (no improvements)has been for sale for nearly four years. Was completely wooded with crap trees (poplar predominately, with some cottonwood and maybe 10% maple/oak) nothing over 20" dbh. Last year was pretty much clear cut (they left an array of maple and oak under 10" maybe 10 per acre if that). Trying to determine an offer that would make sense as an investment, land was left with stumps and ruts.
 
stihlaficionado

stihlaficionado

God of ArboristSite
Joined
Dec 26, 2006
Messages
87,447
Location
urbana, IL
Last CD I took out was 0.44% and that was beginning of this month. You can get better rates but you need to put down a boatload of money or tie it up for too long. In todays markets, maintaining liquidity is key.
Depends on the locale. Online banks offer much more.
Locally here in East Central Illinois 2.5% for 15 months $500 minimum.

Too much liquidity = lost income in my view unless all the portents point to a severe recession

A years worth of expenses for us in MM then the rest in investments
 
CentaurG2

CentaurG2

Addicted to ArboristSite
Joined
Dec 27, 2008
Messages
3,255
Location
New England
Since investing is the topic...thoughts on land? Neighboring 160 acres (no improvements)has been for sale for nearly four years. Was completely wooded with crap trees (poplar predominately, with some cottonwood and maybe 10% maple/oak) nothing over 20" dbh. Last year was pretty much clear cut (they left an array of maple and oak under 10" maybe 10 per acre if that). Trying to determine an offer that would make sense as an investment, land was left with stumps and ruts.
Investing in land can make sense as they don’t make any more of it but it really would depend on the property taxes and what you intend to do with it. Develop, hunting, wood lot, farm land etc. Farmland is not a bad investment now as you can use it to grow (or rent) the land for corn production (ETOH). If it abuts your property and you like your privacy it might be worth it, but if it is just going to sit around, it could bleed you white.
 
stihlaficionado

stihlaficionado

God of ArboristSite
Joined
Dec 26, 2006
Messages
87,447
Location
urbana, IL
Since investing is the topic...thoughts on land? Neighboring 160 acres (no improvements)has been for sale for nearly four years. Was completely wooded with crap trees (poplar predominately, with some cottonwood and maybe 10% maple/oak) nothing over 20" dbh. Last year was pretty much clear cut (they left an array of maple and oak under 10" maybe 10 per acre if that). Trying to determine an offer that would make sense as an investment, land was left with stumps and ruts.
Ooo I see a GTG coming up.

You would use it for what? Timber, retirement home, rent to hunters? Near lake?
 
CentaurG2

CentaurG2

Addicted to ArboristSite
Joined
Dec 27, 2008
Messages
3,255
Location
New England
Depends on the locale. Online banks offer much more.
Locally here in East Central Illinois 2.5% for 15 months $500 minimum.

Too much liquidity = lost income in my view unless all the portents point to a severe recession

A years worth of expenses for us in MM then the rest in investments
No banks around here are offering anything near such rates.
National average is 0.88. Tying up your cash = loss of income. I guess it all depends on your investment strategy. As far as I am concerned, no much difference between .44 and 2.5 after the feds get through with you. I am always more concerned with return of my money than return on my money.
 
unclemoustache

unclemoustache

My 'stache is bigger than yours.
Joined
Jan 22, 2009
Messages
21,666
Age
49
Location
S. Il. near St. Louis
Tying up your cash = loss of income.

Nah, The purpose of an investment is to benefit in the far future. Tie it all up with the best rate you can get and then don’t touch it.

You can leave a bit of other money available for your needs (and risky investments), but it’s not recommended to play the market. Most people lose at that game.

By the way, your regular income should include savings for short term needs like future replacement vehicle, house repairs, etc. Long term investing is another tier altogether which you don’t spend at all.
 
Top