Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Dominion Energy Reliability Investment Notes (1.1%)
Yet, 0.1% less interest but full FDIC insurance at T-Mobile Money.
Something to consider.
Dominion Energy Reliability Investment Notes (1.1%)
Yet, 0.1% less interest but full FDIC insurance at T-Mobile Money.
Something to consider.
Junk bonds? Why would you park cash there? High risk.
^^^^
That is, I am NOT trying to convince anyone of anything.
You like VIO bank?
Vio Bank and Marcus are two decent options for high yield savings account. Around 0.5% depending on the day. that's where I hold cash I'm going to need this year (kid in college) or that I'm waiting to buy more i-Bonds with
MY BTC returned about 400% over the past year, but I sold my original “speculation” and am letting the rest ride…Not an “investment” by any means.
I've learned what stable coins are (crypto with their value pegged to USD - or other fiat) and tried lending platforms: Celsius, BlockFi and Nexo. It's been working perfectly fine so I split my cash into 3 piles and am happy to be collecting 8-10% paid either daily, weekly or monthly.
Where can I learn about these?
More broadly, crypto trading itself is still unregulated and lacks the scope of investor-protection measures that come with traditional*asset classes. And the debate over what the inherent value of crypto assets actually is still rages.
USDT - please read https://www.ft.com/content/b209bbcb-537f-42dd-8d36-78cb9852fb65
Tether falls outside the scope of what most on this forum are talking about in the thread. Parking cash means it is insured and you can get your hands on it in a day or so.
For many of the "parking cash" challenge solutions I'm reluctant to add more accounts to what we have. I guess it depends on one's stage of life.+1
I've looked into staking, and while the interest rates are attractive, there are associated risks I'm not willing to take.
I would need to invest at least 6 figures for this activity to make a noticeable contribution to the portfolio, and I'm not willing to do that.
For many of the "parking cash" challenge solutions I'm reluctant to add more accounts to what we have. I guess it depends on one's stage of life.
^^^ If you're overdrawn is your return +0.75%?
Here in CH, the SNB's (Swiss National Bank) policy rate is -0.75%; therefore my local bank charges me 0.75% on deposits above a certain threshold. So, our Swiss Franc cash here either pays no interest or attracts a negative interest rate. Truly frustrating.
Over 40 years ago a friend of mine had one of those famous numbered Swiss bank accounts. He did it simply because it was a cool thing to do, although it had a negative 1% interest rate. Seemed crazy to me at the time although you have to hand it to the Swiss for being able to maintain a stable currency.