Online savings accounts pay 1.05%. It's the best you'll find for that type of account.
Charlie Kelley said:
Isn't zone club one of the Nichols club? Stay away from him if so
Agree with your comments.third coast.. said:
absolutely i want low risk and ease of removal. Maybe stack some of it in CD's with different maturation dates? This money is for emergencies now then to be split between her kids upon passing. I think her and I will go somewhere when i get home to discuss the money that she has in the market as well, as I think having money in individual stocks at her age is also not the best strategy either. My grandfather watched all that stuff and i believe did pretty well in the market, but I have no idea how much money he had tied up in the market.
tx-ags14 said:Charlie Kelley said:
Isn't zone club one of the Nichols club? Stay away from him if so
Literally cannot repeat this too many times
C'mon man... Don't you know? How sophisticated are you anyway?SquareOne07 said:tx-ags14 said:Charlie Kelley said:
Isn't zone club one of the Nichols club? Stay away from him if so
Literally cannot repeat this too many times
What he heck is Nichols Club?
third coast.. said:
They also have large amounts of hunting land and will invite people to go hunt there but then disappear the day before people have planned on showing up for months.
Quote:
Vile crowd
ZoneClub said:
Ultra short duration bonds where you hold the paper. That is what I was proposing Nac. 15-30-45-90 day maturities. Rolling cash out every 15 days, but keeping tax free compounding on the re-investment at the same time maintaining tax deferred compounding on all accrued interest. The CRPC is exactly what teaches you about handling retirement scenarios like this, and I have that designation.
Vile crowd.
ZoneClub said:
No, the are individual cusips. You just roll the paper. Its very easy, but can be time consuming if you don't have an efficient way to execute it: buy the ultra short end of the curve (15-30-45-90 days). You're buying AAA, AA, and A rated muni's. PSF back Texas ISD bonds, double barrel, GO Unlimited Tax, some insured, some un-insured, MOST are pre-refunded, so they are paid off, with the proceeds held in escrow.
EG- Bought Denton ISD 12/1/2016 at 2.1 adjusted (you can do the math on tax equivalent). Bought PRF 2/1/2017 CA AA+ (PRF so AA is a little moot), at 3.3% adjusted. Bought PRF 1/1/2017 OH AAA at 1.97 adjusted. All fixed rate.
You think those are going to lose 50% over the next 45-75 days?
Sorry for bringing up what we have used to provide a great return with almost no downside capture.
ZoneClub said:
Why isn't the question. It's going on right under your nose. PM me if you'd like to see transaction reports. I'm not posting those online. You are dead set in your belief, and that is the best thing about investing. If we sat down over a beer, after 10 minutes we'd probably be seeing eye to eye. I brought it up as an alternative to CDs. I brought it up to show a part of the market that is being throw out for no reason with little to no interest rate, credit, or market risk.
Diggity must have a real vendetta against those people. I was trying to help. I'll go back to my day job of retirement planning.
So when he PM's you please post them yourself.Diggity said:
Did I mention that his next move is always to take things "offline"