Thanks, Igy. I'll take a look. Much appreciated.
Thanks, Igy. I'll take a look. Much appreciated.
Why is your money market fund earning nothing? It sounds like you need a new broker. It’s not hard to get a mm account yielding 2% or so.
Seattle,
Here is one:
https://www.putnam.com/literature/pdf/FS736_A-4f0aa7b006a7a34d0f8e80a7e9959db2.pdf
The money market recommendation from J. Hardy is a sound one if offered by the brokerage.
Igy
I never really bothered to check before, but since you mentioned it, one account was getting interest rate of 0.30% and the other was 0.15%, and the third was 0.07%.
They are really accommodating over there and have been throwing me special deals so i'll give them a call tomorrow .
Thank you.
thanks, definitely along the lines of what would solve my issue. But trying to avoid high fee for mutual funds transactions.
Found a couple of ETFs that do the same thing:
SPDR® SSgA Ultra Short Term Bond ETFNYSE Arca:ULST
Invesco Ultra Short Duration ETFNYSE Arca:GSY
You guys are the best. Please don't feel the need to offer any further direction. I know you do this for a living and i am not trying to get stuff for free. Simple question and you got my headed in the right direction, so thanks again to you both!
seattle prattle wrote:
thanks, definitely along the lines of what would solve my issue. But trying to avoid high fee for mutual funds transactions.
Found a couple of ETFs that do the same thing:
SPDR® SSgA Ultra Short Term Bond ETFNYSE Arca:ULST
Invesco Ultra Short Duration ETFNYSE Arca:GSY
You guys are the best. Please don't feel the need to offer any further direction. I know you do this for a living and i am not trying to get stuff for free. Simple question and you got my headed in the right direction, so thanks again to you both!
The Putnam Ultra Short Bond Fund is an A Share but has no load, no cost to buy or sell. Perhaps a confirmation mailing cost.
you are right but sifting through the fine print indicates that it is subject to a $49.99 fee if held for less than 180 days (6 months) as mentioned on my online brokerage trading page.
The ETFs i linked to look like they've had a little better returns over the last year anyway. And no minimum holding period.
Thanks again.
You can get a brokerage account with Vanguard. They have at least a couple of money market funds currently paying 2%+. And, of course, their fees are rock bottom.
Go, Pats!
SHY is another one
But if you want to see guaranteed 20% returns YoY (guaranteed!) Then I hear AXP is great choice. Buy 10,000 shares
online savings accounts earn 2% now. FDIC insured and everything.
If you want to use a traded instrument....short term treasuries earn around the same, but they carry some interest rate risk
Weird how 2% sounds like a lot of interest now.
SPX now only 3% below the 200 day
usually the 200 day would turn into resistance climbing back through it, but with these crazy algos, who knows.
Certainly good news in the trade wars would knock the market right past the 200 day
Good earnings reports would be a mixed blessing because they would suggest higher interest rates are back on the table.
If AXP goes green today I swear to God I'll never be a bear ever again for as long as I live
Racket wrote:
If AXP goes green today I swear to God I'll never be a bear ever again for as long as I live
99.53+0.04 (+0.04%)
As of 11:30AM EST. Market open.
How about you swear to God never to play in the options sandbox as long as you live?
agip wrote:
Racket wrote:
If AXP goes green today I swear to God I'll never be a bear ever again for as long as I live
99.53+0.04 (+0.04%)
As of 11:30AM EST. Market open.
How about you swear to God never to play in the options sandbox as long as you live?
Oh agip, that's cute of you to suggest.
2017 is back on the menu boys! Buy the dip, sit back and relax. Market is only allowed to go up now!
Looks like investors have wised up.
No.
Yes.
Though i am not ruling out what GOI is saying about a fairly sizable downturn later in the spring when the buying stops....
Ghost of Igloi wrote:
No.
Hussman disagrees.
Yutre wrote:
Ghost of Igloi wrote:
No.
Hussman disagrees.
Explain how Hussman agrees, and to what does he agree.