The stock market

movetheboat said:
great....I'll get the admiral one too...no EIN...maybe next year two more if the rate is still up...I had these in my head awhile ago , glad you reminded me
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Although some "resident experts" here provided some other option opinions, none of them were guaranteed for 9.62% 5 - 30 years with no other fees. I look at this as a Ron Popeil "Set it and forget it!" investment.

I don't have any other investment that's guaranteeing me 9.62% and 100% principal protection...
 
movetheboat said:
the stock market...what's different this time

1) we have inflation and money is being tightened..the fed is reducing bal sheet
2) Interest rates are going up
3) SO the fed cannot come to the rescue which means no V bottom...we will grind lower and lower
4) the supply chain is screwed
5) diesel is wayyy too high....causing inflation for transported goods
6) Russia is on the warpath
7) China could go to war

THE GOOD

1) STRONG JOB MARKET
2) Wages are up
3) earnings are still strong
4) spending is strong (get on line for a car)
5) housing market is nuts
6) NUT JOB is not In charge
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Your "good" column is a tad deluded.?
 
Roccus7 said:
Although some "resident experts" here provided some other option opinions, none of them were guaranteed for 9.62% 5 - 30 years with no other fees. I look at this as a Ron Popeil "Set it and forget it!" investment.

I don't have any other investment that's guaranteeing me 9.62% and 100% principal protection...
Click to expand...
Another nice option. I may look into as well. So I seethe minimum is 12 months. So say on the 13 month. You cash out... you lose the last three months of interest.
 
That's like one i did about a year ago. The lady called me about a month ago and I locked in at 8 and change I believe. It's a 5 year hold. Anything prior has set percentage that gets taken out. I have it spread between two separate funds.
 
I don't remember the range (minimum/maximum) that it goes. But I was comfortable locking it at 8 and change. Also can't remember how long the lock is ?. Might have to dig paperwork out
 
movetheboat said:
the stock market...what's different this time

1) we have inflation and money is being tightened..the fed is reducing bal sheet
2) Interest rates are going up
3) SO the fed cannot come to the rescue which means no V bottom...we will grind lower and lower
4) the supply chain is screwed
5) diesel is wayyy too high....causing inflation for transported goods
6) Russia is on the warpath
7) China could go to war

THE GOOD

1) STRONG JOB MARKET
2) Wages are up
3) earnings are still strong
4) spending is strong (get on line for a car)
5) housing market is nuts
6) NUT JOB is not In charge
Click to expand...
the futures for tomorrow's open are in the toilet
 
Roccus7 said:
Want a guaranteed 9.62% annual return?? Just heard, and bought I-Bonds.

If I read things correctly these are different from the EE bonds in that

  1. The bond value is what you pay, not like paying 1/2 of the EE
  2. You buy them online and they pay you electronically so no paper to keep track of
  3. Interest is logged monthly
  4. You have to hold 12 months
  5. You can only buy up to $10K per year
  6. If you cash out before 5 years you lose the last 3 months interest
  7. The interest rate is guaranteed for 30 years
  8. This 9.62% interest rate on bonds bought now through October, so no need to rush
  9. Interest is IRS taxable, but not states and if you use the bonds for education, the interest is tax free
Haven't seen a guaranteed 9.62% return in years so I couldn't resist. I think you can also have any trusts by them also, if they have an EIN instead of a SSN so you can get another $10K.

Here's the link: Series I US Bonds
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I talked about iBonds like 8 months ago. Had em for over 2 years already.
 
It's an inflation based bond that changes every 6 months...so 9.62 is good for the 6 months after purchase...it combines the fixed rate (zero) with inflation rate. So if inflation is tamed so will the interest on the bond. It's good for diversifying your investments and no risk to principal

Some wise guys I read are saying another 15 months BEAR market

at least OIL is down 5% today....the diesel price is a BIG problem...REAL BIG!!

Maybe after putins May day parade that AH will end this war and we can work on other problems....if CHiNA attacks Taiwan...we will be at what OZZIE MAN calls "destination fukked"
 
good morning....I see some green on the screen today

40% of all bitcoin buyers bought higher than where it is today

oil is down another 2%....need to push its ugly head back under 100

Good luck and have fun....protect your dough
 
Futures up nicely.....CPI number at 8:30 will be a market mover one way or the other...if it's lower than expected the market will steam roll all those betting against it with a MONSTER RALLY

CRAPTOCOINS will be a blood bath when the correction continues...already cut in half bitchcoin

oil up 4 bucks...not good....

END THE WAR...GET INFLATION DOWN....and we are off to see the wizard
 
See, I told ya… cellfish…
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