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If you had $10,000.00 to invest, what would you do? Login/Join 
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I would time-ladder insured non-callable CDs. You will sleep well.
 
Posts: 4405 | Location: Az | Registered: May 27, 2005Reply With QuoteReport This Post
Ignored facts
still exist
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Well, one thing for sure, there's a mixture of good advice and bad advice here.

Just have to sort out which is which.


.
 
Posts: 7884 | Location: The Beaver State | Registered: February 28, 2003Reply With QuoteReport This Post
Now in Florida
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quote:
Originally posted by NavyGuy:
For that amount of cash best find a good money market account which should pay 2.25 to 2.5 % while being FCIA insured and you can get the cash anytime you want/need. I use Marcus (Goldman Sachs) to park cash which currently pays 2.25%. This fluctuates monthly along with the fed. If you don't mind tying it up for a year or more, a CD can get you a bit more interest but of course you pay for this with less liquidity.


Bingo. Money market fund is the way to go for short-term parking of cash with flexibility.

To me, parking money means you don't want to take risk with it. Stocks, bond funds and real estate all have risk.

T-bills with staggered maturities are too complicated for this amount.

Put it in a money market and call it a day.
 
Posts: 5328 | Location: FL | Registered: March 09, 2009Reply With QuoteReport This Post
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Eye Doc
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quote:
Originally posted by radioman:
Well, one thing for sure, there's a mixture of good advice and bad advice here.

Just have to sort out which is which.


Hookers and Blow?
 
Posts: 2404 | Location: (Occupied) Northern Minnesota | Registered: June 24, 2003Reply With QuoteReport This Post
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Eye Doc
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Thank you for all the replies; it is time for me to digest this information. I appreciate the time all of you have taken to respond.
 
Posts: 2404 | Location: (Occupied) Northern Minnesota | Registered: June 24, 2003Reply With QuoteReport This Post
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I will 2nd picking up some platinum, seems like a great value right now when looking at it historically.
 
Posts: 438 | Registered: February 07, 2004Reply With QuoteReport This Post
Be not wise in
thine own eyes
Picture of kimber1911
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quote:
Originally posted by Creeping_Death:
Buy a Ruger AC556.


With Tax Stamps that will put you in the $12,000 range on the low end.

For $10,000 a good investment would be a MAC 10/45 or MAC 11/9.
With availability of Lage uppers and parts these are surely to go up in value.



"This American carnage stops right here and stops right now.”
Donald Trump (POTUS) Jan. 20th 2017

"ΜΟΛΩΝ ΛΑΒΕ!" King Leonidas of Sparta
 
Posts: 3075 | Location: NC | Registered: December 05, 2004Reply With QuoteReport This Post
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Sallie Mae $10,000 1-year CD at 2.75% APY. There are others. If you want to go a little longer, you can find 3-year at 3%. I would not go longer than 3 years.
 
Posts: 2936 | Location: North Carolina | Registered: August 16, 2003Reply With QuoteReport This Post
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quote:
Originally posted by NavyGuy:
For that amount of cash best find a good money market account which should pay 2.25 to 2.5 % while being FCIA insured and you can get the cash anytime you want/need. I use Marcus (Goldman Sachs) to park cash which currently pays 2.25%. This fluctuates monthly along with the fed. If you don't mind tying it up for a year or more, a CD can get you a bit more interest but of course you pay for this with less liquidity.



I am going with the CD, because the rate is locked in for the term you choose, where the money market may have declined to 1.0% by October.

These low rates REALLY piss me off.

My first mortgage was at 12.75%. Now that I have money to invest, they pay essentially nothing after inflation and taxes.

I blame this on George W. Bush, the dumber, for lowering the Fed Funds rate to 1% in 2003-2004, and even lower in 2008. Obama continued this trend, robbing a generation of savers of their retirement income for over a decade.


----------------------------------------------------
Dances with Crabgrass
 
Posts: 1725 | Location: Eastern Virginia | Registered: October 12, 2009Reply With QuoteReport This Post
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As a retired banker, I remember paying 15% or more on CDs. The other side of the coin was commercial and agricultural borrowers paying over 20% for money. It didn’t work very well. As rates softened, investors were pissed and borrowers were happy. I paid 13% to borrow money to build a house. Ouch.

How do you want it?



I'm sorry if I hurt you feelings when I called you stupid - I thought you already knew - Unknown
...................................
When you have no future, you live in the past. " Sycamore Row" by John Grisham
...................................
Liberalism is a failure to find pathways to intelligence in your brain. - David Lawrence
 
Posts: 1839 | Location: Kalispell Montana & Florida’s Emerald Coast for the Winter | Registered: December 24, 2013Reply With QuoteReport This Post
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Primers and powder



Hell has no fury like a liberal
confronted with reality
 
Posts: 789 | Location: Central Florida | Registered: November 26, 2011Reply With QuoteReport This Post
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quote:
As a retired banker, I remember paying 15% or more on CDs. The other side of the coin was commercial and agricultural borrowers paying over 20% for money. It didn’t work very well. As rates softened, investors were pissed and borrowers were happy. I paid 13% to borrow money to build a house. Ouch.

How do you want it?


^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Good point. I remember buying Treasury Zero Coupon Bonds in those days for retirement accounts. Twenty year maturity with 15 percent rate of return. Wish I had bought more.
 
Posts: 5144 | Location: MS GULF COAST | Registered: January 02, 2015Reply With QuoteReport This Post
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I have always wished that I should have invested $10K when bitcoin first came out and was under $100. I am actually thinking of investing some money next year on FaceBook cryptocurrency. God Bless Smile

https://www.cnbc.com/2019/03/1...y-barclays-says.html


"Always legally conceal carry. At the right place and time, one person can make a positive difference."
 
Posts: 2204 | Location: Sector 0001 | Registered: October 30, 2009Reply With QuoteReport This Post
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at my age?
safe deposit box





Safety, Situational Awareness and proficiency.



Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first
 
Posts: 47972 | Location: Henry County , Il | Registered: February 10, 2004Reply With QuoteReport This Post
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