Investment long term
#8176045
07/18/24 12:55 AM
07/18/24 12:55 AM
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Joined: Feb 2008
Posts: 1,582 WI
BvrRetriever
OP
trapper
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OP
trapper
Joined: Feb 2008
Posts: 1,582
WI
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Election year….where are you putting your bets. Short term CDs are running 5% and they are guaranteed. Beyond that, what sort of risk is everyone getting into? A lot has to do with who wins!
I’m talking specifics here…C’mon uncle J…this is your chance to show your real crystal balls!
Last edited by BvrRetriever; 07/18/24 01:05 AM.
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Re: Investment long term
[Re: BvrRetriever]
#8176122
07/18/24 07:34 AM
07/18/24 07:34 AM
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Joined: Dec 2011
Posts: 11,000 MT
snowy
trapper
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trapper
Joined: Dec 2011
Posts: 11,000
MT
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90% equity 10% bond/CDs. No need for me to try to outsmart the markets I stay heavy in equity fund and never sway from that path.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: Investment long term
[Re: BvrRetriever]
#8176127
07/18/24 07:46 AM
07/18/24 07:46 AM
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Joined: Feb 2011
Posts: 1,228 alberta
spjones
trapper
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trapper
Joined: Feb 2011
Posts: 1,228
alberta
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Started looking into the “private” prison racket,,,
Haven’t jumped in yet,,,,just looking
Hopefully get my fur cheque today
Last edited by spjones; 07/18/24 08:05 AM.
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Re: Investment long term
[Re: BvrRetriever]
#8176139
07/18/24 08:13 AM
07/18/24 08:13 AM
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Joined: Jan 2012
Posts: 692 saskatchewan canada
kingrat
trapper
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trapper
Joined: Jan 2012
Posts: 692
saskatchewan canada
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I'm invested heavily into uranium right now. Figured something was up last summer when kid was diamond drilling up north and there was a pile of other companies drilling as well. Uranium is the clean energy future, there's a shortage, all time high prices and biden recently banned uranium from Russia. Lots of positives, I'm also fairly young and don't mind risk.
Last edited by kingrat; 07/18/24 08:15 AM.
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Re: Investment long term
[Re: BvrRetriever]
#8176229
07/18/24 11:26 AM
07/18/24 11:26 AM
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Joined: Mar 2018
Posts: 2,551 Missouri
HayDay
trapper
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trapper
Joined: Mar 2018
Posts: 2,551
Missouri
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When my dad passed a few years back, couple of us kids were tasked with taking over a modest stock account he had with TD Ameritrade. He was day trading individual stocks and had screwed the pooch doing it. Lost a lot of money. Talked to one adviser and his suggestion was if we wanted to stay in the stock market, stop trying to pick winners and losers and simply invest in the stock index stocks. One of those was SPY, an S&P500 stock, the other was QQQ, a Nasdaq index stock. Both mirror the indexes nearly 100%. SPY is up about 50% over past 5 years. QQQ is up over 50% in past 1 year. These are liquid and can be bought and sold at any time.
Buy on dips or major selloffs, then hold for as long as you want to. Or if you want to milk it like a cow, buy low, sell when it's up, then wait for anther dip. Be prepared to pay taxes on the gain either way.
Easy to vote your way into socialism, but impossible to vote your way out of it.
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Re: Investment long term
[Re: Providence Farm]
#8176800
07/18/24 09:49 PM
07/18/24 09:49 PM
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Joined: Mar 2023
Posts: 2,186 WI
WI Outdoors
trapper
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trapper
Joined: Mar 2023
Posts: 2,186
WI
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Fidelity account I put Cash in tell I buy or after a sell was at 5.15% and it can be moved anytime. The rate will change with rates but it's as good or better than cd's. . Any fees involved?
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