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Investment guys,,,,,,,,

Discussion in 'Off the Topic Forum' started by Huskybill, Apr 22, 2019.

  1. Huskybill

    Huskybill Addicted to ArboristSite

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    time to call your broker and check what the interest rates are. Some rates are going up. I got a call from my brother.
     
  2. stihlaficionado

    stihlaficionado God of ArboristSite

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    Rates have been going up the last 18 months or more
     
  3. stihlaficionado

    stihlaficionado God of ArboristSite

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    5850031fa1a45e1b008b5607-1046.png

    If we can believe these guys^^:rolleyes:
     
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  4. unclemoustache

    unclemoustache My 'stache is bigger than yours.

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    That's what happens when you have a Republican in control......


    (Hey, SOMEONE had to turn this political! :laugh::laugh::laugh: )
     
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  5. Huskybill

    Huskybill Addicted to ArboristSite

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    Trump keep the good fortune coming.
     
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  6. ChoppyChoppy

    ChoppyChoppy Addicted to ArboristSite

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    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.
     
  7. unclemoustache

    unclemoustache My 'stache is bigger than yours.

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    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.
     
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  8. CentaurG2

    CentaurG2 Addicted to ArboristSite

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    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.
     
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  9. stihlaficionado

    stihlaficionado God of ArboristSite

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    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.
     
  10. CentaurG2

    CentaurG2 Addicted to ArboristSite

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    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.
     
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  11. stihlaficionado

    stihlaficionado God of ArboristSite

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    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
     
  12. stihlaficionado

    stihlaficionado God of ArboristSite

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    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
     
  13. lone wolf

    lone wolf MS 200T King

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    Cant help but agree with your statement.
     
  14. CentaurG2

    CentaurG2 Addicted to ArboristSite

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    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.
     
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  15. bowtechmadman

    bowtechmadman Addicted to ArboristSite

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    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.
     
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  16. stihlaficionado

    stihlaficionado God of ArboristSite

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    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
     
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  17. CentaurG2

    CentaurG2 Addicted to ArboristSite

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    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.
     
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  18. stihlaficionado

    stihlaficionado God of ArboristSite

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    Ooo I see a GTG coming up.

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

    CentaurG2 Addicted to ArboristSite

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    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.
     
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  20. unclemoustache

    unclemoustache My 'stache is bigger than yours.

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    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.
     
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