Too Hot Investment Thread

Sorry about the dumb Q, but if my wife and I want to purchase bonds, does one of them need to be a gift? Or are each of us eligible to purchase 10k individually?
Also - you mentioned purchasing before the end of April. We missed the boat on that, but the rate is actually higher now. That's good, right?

 

Not my question but yes, each of you can buy up to $10,000 worth for a total of $20,000. And yes, you should get the same rate or higher I believe. Definitely a no brainer and good for diversification. I sure wish they would allow more than $10,000 per year.

 

Hard to beat. I tend to avoid equities that pay a dividend that high as worry it might be a trap and not sustainable. Hope that’s not the case for the US Treasury . I maxed out about a week ago.

 

10k for the LLC
10K for the trust (s)
10k gift to each child. They know that it only is actually theirs if wife and I die before we may ever need it.

 

Question: I’m assuming you bought the bonds in the name of the Revocable Trust and , if so, did that require you to update trust or will?

 

9% not sustainable...I have an I-bond that has doubled in 20 years so average rate was a little under 4%. No reason to believe a similar return here although i'll probably check in much sooner than that an assess whether or not its worth continuing or selling.

 

Big market day after the half point rate hike.
Which doesn’t wholly make sense to me, given it’s what’s been predicted for a month sk should have been priced in. But maybe it’s relief that it was actually done.

 

Little of what happens in the market ever makes sense to me.

 

More likely a relief that it wasn't more.

 

I hadn’t read the remarks when I posted. Apparently Powell e worst of inflation may be over, he doesn’t foresee any of the futures hikes being greater than 50 basis points, and the underlying economy is in good shape. so that was all music to everyone’s ears, and makes a bit more sense. Might mean a bit of a sustained rally this time too.

https://www.cnbc.com/2022/05/04/fol...e-federal-reserve-gets-set-to-hike-rates.html

 

Aaaaaand….one day later my post is already wrong and it looks like a reality check day, which could mean the exact opposite of my view yesterday for the short and medium term.
Which is why I don’t try to do anything other then execute a long term strategy and ride the waves.

 

Man, right now treasury prices are up 5 percent and stocks are down 4-5 percent. Would bet there hasn’t been a day that has happened in the last 35 years. Craziness…

 

Market down 1,255.61 points as of right now...

 

First time everything in red. Down about 2% but a few of mine are trending back up slowly. Thank you diversification.

 

Anyone who was tech heavy got crushed today. Some names like Etsy were down 15 percent or more. Even some of the big names dumped 7 percent.

 

I hate to even look. Amazon, APPL, my chip funds all took a bath. OTOH good time to buy? But to get buying money I would have to sell some depressed equity.

 

More buying opportunities. Have to decide if you want to invest or gamble? I usually buy stuff for long term so days like yesterday don’t change what I do

 

Im sitting on cash wondeing where the bottom is

 

DCA

 

Futures down over 1% tonight. Need the CPI data Thursday to hold or moderate some. If not we could see 3700 on S&P.