Re: Investment long term
[Re: WI Outdoors]
#8176833
07/18/24 10:11 PM
07/18/24 10:11 PM
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Joined: Feb 2020
Posts: 10,194 Indiana
Providence Farm
trapper
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trapper
Joined: Feb 2020
Posts: 10,194
Indiana
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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? Not from what they told me on the phone when I asked. I don't keep a lot of cash in there just tell it builds up some and I decided what I want to buy.. check out their Web sight or call them I think is 8 to 8 eastern you can call.
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Re: Investment long term
[Re: Leroy Bob]
#8176873
07/18/24 11:10 PM
07/18/24 11:10 PM
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Joined: Feb 2020
Posts: 10,194 Indiana
Providence Farm
trapper
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trapper
Joined: Feb 2020
Posts: 10,194
Indiana
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Bought into Palantir a couple years back. AI solution based software doing a lot of big contracts with the military. It’s up over 60% so far this year and likely to keep growing as they infiltrate private sector. Definitely one I have had my eye on.
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Re: Investment long term
[Re: ScottW]
#8176889
07/18/24 11:43 PM
07/18/24 11:43 PM
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Joined: May 2011
Posts: 17,591 Oakland, MS
yotetrapper30
trapper
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trapper
Joined: May 2011
Posts: 17,591
Oakland, MS
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Guessing the Fidelity account is not FDIC insured which is the primary negative comparison to CDs and what scares many off. Happy trapping! ScottW I don't know about the fidelity account but I have a savings account through Morgan Stanley/Etrade that pays 4.5% apy that I can instantly transfer funds from to my brokerage account that is FDIC insured.
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Re: Investment long term
[Re: BvrRetriever]
#8178217
07/20/24 10:50 PM
07/20/24 10:50 PM
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Joined: Nov 2007
Posts: 906 N. W. MISSOURI
TRAPPER-ED
trapper
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trapper
Joined: Nov 2007
Posts: 906
N. W. MISSOURI
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looks like TLT or BND IN THE BONDS or small cap stocks and GOLD and Silver is still looking so the etf GLD is a good place to invest .
50 + years of trapping & some fur buying and i still know nothing.
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Re: Investment long term
[Re: BvrRetriever]
#8178550
07/21/24 02:26 PM
07/21/24 02:26 PM
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Joined: Oct 2020
Posts: 1,170 Indiana
ILcooner
trapper
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trapper
Joined: Oct 2020
Posts: 1,170
Indiana
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VTSAX and chill for me...
first step is to be 100% debt free, We paid off our house in 2021 and now invest a substantial percentage
https://g.co/finance/VTSAX:MUTF?window=1Y
Last edited by ILcooner; 07/21/24 02:29 PM.
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Re: Investment long term
[Re: ILcooner]
#8178603
07/21/24 03:49 PM
07/21/24 03:49 PM
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Joined: Nov 2012
Posts: 1,331 midland, michigan
midlander
trapper
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trapper
Joined: Nov 2012
Posts: 1,331
midland, michigan
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VTSAX and chill for me...
first step is to be 100% debt free, We paid off our house in 2021 and now invest a substantial percentage
https://g.co/finance/VTSAX:MUTF?window=1Y
Now ya went and done it....gonna wake the financial scholars that dont like the idea of being debt free.
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Re: Investment long term
[Re: midlander]
#8178708
07/21/24 06:38 PM
07/21/24 06:38 PM
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Joined: Jan 2014
Posts: 3,288 Co.-Wy. part time AK.
wy.wolfer
trapper
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trapper
Joined: Jan 2014
Posts: 3,288
Co.-Wy. part time AK.
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VTSAX and chill for me...
first step is to be 100% debt free, We paid off our house in 2021 and now invest a substantial percentage
https://g.co/finance/VTSAX:MUTF?window=1Y
Now ya went and done it....gonna wake the financial scholars that dont like the idea of being debt free. Debt is a financial tool, learn how to use it correctly and it will make you money.
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Re: Investment long term
[Re: midlander]
#8178716
07/21/24 06:51 PM
07/21/24 06:51 PM
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Joined: Feb 2020
Posts: 10,194 Indiana
Providence Farm
trapper
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trapper
Joined: Feb 2020
Posts: 10,194
Indiana
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^^^ debt is not needed to make you money.
And not having any sure does allow great piece of mind and allows you to invest the debt payments without having to worry about things falling apart. You can make money using debt sure I am now on my low interest auto loan I'm making 5.15% and my interest rate on the loan is 2.6% so I would loose money paying it off. But I have the cash available to do just that. A lot of people have been successful using debt to make money BUT many many more have had something go south and end up bankrupt. You may make money with debt but you will always do well and secure being debt free. At the very least have the money available to pay off the debt so you don't end up with your back to the wall
Last edited by Providence Farm; 07/21/24 06:51 PM.
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