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Lowest sentiment since '58 ! Time to add some $$ to accounts I'm thinking. Where to put it is the net question. Commodities took a hit last week, but YTD a high riser I'm guessing ?
Think I'll see if I can find a good beaten-up MF (-20%) & ge…
@hank are they, Fido, privately own ? Well if that's the case try Schwab or Bl. Rock. Now I'm wondering how many brokerages are available via stock purchase ?
My question still remains from above post.
"@yogibearbull : The CD I bought at Schwab starts on 6/22 - ends7/22. I take it Chuck is using the money as "float". Could this be instead of the bank paying a fee ? CD was purchased about 10 days ago.
Tha…
@yogibearbull : The CD I bought at Schwab starts on 6/22 - ends7/22. I take it Chuck is using the money as "float". Could this be instead of the bank paying a fee ? CD was purchased about 10 days ago.
Th…
Yup, Bought 1 month CD @ 1% at Chuck's place. I'll wait for the next rate increase to see if I will buy another month or go longer.
Differ strokes for differ folks, Derf
@Sven ; Brother-in-law was a banker at that time, & tells of people bringing in CD's to pay the penalty to get the higher rate Cd's ! I hope that at least they weren't callable !
Last week I bought a 30 day CD that runs from 6/22 - 7/22. That brings me to ask, is that bank relying on rate increase this week to make money by taking my CD purchase money & investing it if & when CD rate goes up ?
I have more dry powde…
How many Dem's had their slush money invested in ESG just prior to shutting down the pipe line, shutting down oil leases for land. With Tesla down over 50% for one year hi-low, maybe it's time to dip ?! Well if this was the case , guess they're as h…
Before pulling the pin,retiring, one should have more than a 3 legged stool or bucket in place. Pension, health care, spending pre & post retirement estimate. Can you get by with spending less? Age at which you retire, meaning when will SS &…
@rforno : Wouldn't one have to take into consideration the % of total drop & not so much the number (600) ?
Band aids don't seem to be holding back the flow of blood, I'm calling for a tourniquet !
With the summer season in progress I've decid…
Cut wages by 10% & see if inflation follows. The trickle down effect !? Ha Ha ! It doesn't work that way, but why not ? Greed .
Enjoy your Sunday, Derf
Do CD purchases count ? 1% matures 7/22 . Better than .05 % in the bank ! I'll be doing a ladder , with 3 month CD up next. The big question , has Mr. Market priced in the (6)? Fed raises ?
Let me add I also enjoyed his piece. Only question I have pertains to the picture of a graph showing , " Morningstar over or under valued stocks". An article in Mondays (?) WSJ contained 8 ways of analyzing market as to being O/U valued. Basically s…
@johnN : I believe you have a TSP account & wonder if you would like to comment on this topic.
Contacted daughter-in-law to see what she was doing with this change & she replied, "she was all for it !"
S…
I came across this article over morning coffee & thought if only it was posted earlier I could have saved a bit of cash !
https://finance.yahoo.com/news/bear-market-rule-explains-why-dip-buyers-cant-get-a-break-100038815.html
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"Pharma companies focused on vaccines and therapeutics against the smallpox virus are making headlines amid an ongoing outbreak of its close relative monkeypox. Drugmakers SIGA Technologies (SIGA) and Chimerix (CMRX) added more than 68% and 41% last…
@Crash : "As ever, my timing is impeccable when it comes to making changes or buying new stuff"
That makes two of us ! Last buy had a one day 3% swing ! In the wrong way & the slide continues.
Have a good d…
