- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Best short term low risk investment options?
Posted on 12/13/22 at 10:15 am
Posted on 12/13/22 at 10:15 am
I've got $100K that i'm looking to invest for the short term. I would like to have the money at disposal to cover down payment on a new home if the right opportunity pops up.
What options do i have?
What options do i have?
13
Posted on 12/13/22 at 10:22 am to GeauxTime9
Short term = low risk. Go find a good rate on a CD... you have no options unless you want to take risks with your house money.
Posted on 12/13/22 at 10:22 am to GeauxTime9
quote:
I've got $100K that i'm looking to invest for the short term.
How did you come across this money?
Posted on 12/13/22 at 10:26 am to GeauxTime9
Buy gemsf stock bruh it’s Finna do like a 4x
Posted on 12/13/22 at 11:44 am to GeauxTime9
T-bills. Can’t beat their yield with most CDs, they’re marketable, plus unlike CDs, they avoid state and local taxes.
You can buy new issues through a brokerage for no fees or through Treasury Direct.
You can buy new issues through a brokerage for no fees or through Treasury Direct.
Posted on 12/24/22 at 3:49 pm to GeauxTime9
T-bill and bonds---buy them easily direct from the government at treasury direct. Pays more than CDs--a lot more.
Posted on 12/24/22 at 5:17 pm to GeauxTime9
Depends on my time horizon. But honestly? I'd probably just take the 3.3% and rising that online savings accounts are offering and call it a day. You don't want to frick with house down payment money.
Posted on 12/24/22 at 8:36 pm to GeauxTime9
Posted on 12/25/22 at 10:45 am to Joshjrn
Why take 3.3 when tbills are paying a full point more????? That’s a thousand bucks on $100k over a year.
Tbills are safer than cds and are easier to do. You just link your treasury direct account to your bank account and place your order. TD will sweep the money out of your account and then back in when whatever you buy matures.
Tbills are safer than cds and are easier to do. You just link your treasury direct account to your bank account and place your order. TD will sweep the money out of your account and then back in when whatever you buy matures.
This post was edited on 12/25/22 at 10:47 am
Posted on 12/25/22 at 11:08 am to GeauxTime9
PUT IT IN CELSIUS! DO IT NOW! HURRY! 10% GUARANTEED RETURN!
but really.....T-bills are safe. i just had some of mine mature. About to do it again. You can get new ones through vanguard, fidelity, etc.
but really.....T-bills are safe. i just had some of mine mature. About to do it again. You can get new ones through vanguard, fidelity, etc.
Posted on 12/25/22 at 11:10 am to I B Freeman
quote:
buy them easily direct from the government at treasury direct.
ib a chinaman it is easier to get through a brokerage than messing with that garbage TD site.
Posted on 12/25/22 at 2:16 pm to GeauxTime9
Not financial advice, but GameStop is at an artificial price low and even without a potential squeeze, it is greatly undervalued.
This last quarter, they announced a return to positive cash flow. They have a billion cash in reserves, new distribution warehouses, a fanatical retail and investment base, and a potentially ground breaking NFT marketplace that is still in active Beta. * NFT market Open Sea is valued at 13B and is harder to use, vastly more expensive to use and doesn't have the seasoned reputation that GameStop has (think FTX, so why go OpenSea?).
Things have been and are getting more spicy with GameStop (GME). I put my money where my mouth is. Something historic has and is going on with this stock.
btw, you can also easily set up an account and direct register shares with their transfer agent ComputerShare (they represent thousands of big name companies).
Go here and search GME or GameStop; https://www-us.computershare.com/Investor/#DirectStock
This last quarter, they announced a return to positive cash flow. They have a billion cash in reserves, new distribution warehouses, a fanatical retail and investment base, and a potentially ground breaking NFT marketplace that is still in active Beta. * NFT market Open Sea is valued at 13B and is harder to use, vastly more expensive to use and doesn't have the seasoned reputation that GameStop has (think FTX, so why go OpenSea?).
Things have been and are getting more spicy with GameStop (GME). I put my money where my mouth is. Something historic has and is going on with this stock.
btw, you can also easily set up an account and direct register shares with their transfer agent ComputerShare (they represent thousands of big name companies).
Go here and search GME or GameStop; https://www-us.computershare.com/Investor/#DirectStock
Posted on 12/25/22 at 2:59 pm to GhostOfFreedom
quote:
Best short term low risk investment options?
quote:
GameStop
This might be the worst advice ever given on the money talk board.
Pushing the meme stock of a dying brick and mortar used game retailer that's still trading at 3-4x analyst price targets due to your weird little reddit cult is just terrible. There's no MOASS, it's all based on an insane conspiracy theory that makes no sense.
Posted on 12/25/22 at 5:08 pm to MusclesofBrussels
Synchrony bank has 3.75% on their high yield savings account.
Posted on 12/25/22 at 7:37 pm to GeauxTime9
You can get 3-4% in a savings account right now. If you go that route, I would also suggest moving checking and direct deposit (at least temporarily) since many of the same high interest savings offers also come with incentive/rewards for a certain dollar amount of direct deposit and activity in a checking account. You could be earning the savings interest, up front cash reward, and additional cash reward down the line. Certainly somewhat of a pain to get all lined up, then later move back out after getting all of the rewards...but worth it for extra cash on top of your $100K.
I have a similar amount and situation. So Fi and Capital One are what I'm looking at moving to from Hancock Whitney. I may eventually move back to Hancock Whitney once I get the rewards and earn interest. I already use Capital One Quicksilver for credit card purposes, so they're really pushing me for my cash with the incentives/rewards they're offering to make a full switch.
Treasury bills are also a good suggestion.
I have a similar amount and situation. So Fi and Capital One are what I'm looking at moving to from Hancock Whitney. I may eventually move back to Hancock Whitney once I get the rewards and earn interest. I already use Capital One Quicksilver for credit card purposes, so they're really pushing me for my cash with the incentives/rewards they're offering to make a full switch.
Treasury bills are also a good suggestion.
Posted on 12/25/22 at 8:17 pm to Fat Bastard
you can buy them through a brokerage but you still have the risk of the brokerage. It is a very small risk but a risk nonetheless and some did teeter on the brink in 08. i use two brokers for stocks and such. I use TD for tbills.
I didn’t have any trouble setting up my TD account. I don’t find it difficult to use at all.
None the less, buying cds are foolish when tbills are paying so much more whether bought through a brokerage or direct from the government through treasury direct.
I didn’t have any trouble setting up my TD account. I don’t find it difficult to use at all.
None the less, buying cds are foolish when tbills are paying so much more whether bought through a brokerage or direct from the government through treasury direct.
Posted on 12/25/22 at 8:54 pm to MusclesofBrussels
Bruh do not diss GameStop
I put y’all on that one (even though upperdecker claims he was first) at 8 bucks a share and it went to damn near 400 within 8 months
I put y’all on that one (even though upperdecker claims he was first) at 8 bucks a share and it went to damn near 400 within 8 months
Posted on 12/25/22 at 9:07 pm to MusclesofBrussels
Laugh now, but I have no doubt I will be laughing last.
You clearly have done zero research on the company and depend on Jim Cramer and fud articles to tell you how to invest and to "Forget GameStop".
I hope you had a blessed Christmas and a blessed 2023.
You clearly have done zero research on the company and depend on Jim Cramer and fud articles to tell you how to invest and to "Forget GameStop".
I hope you had a blessed Christmas and a blessed 2023.
Posted on 12/25/22 at 9:21 pm to el Gaucho
I got a lot at around 40 (that would be 10 with the post dividend 4 for 1 split), so I am happy. I also got a lot up and down the price chain.
I buy every chance I get. I then DRS the shares to take them out of the DTCC and their dirty lending practicing hands. I think the companies fundamentals are great, regardless of whether they have another big squeeze. I think the stock is worth 200+ based on other retailers and large NFT marketplaces. It might be worth a lot more in coming years as the game partnerships with https://nft.gamestop.com/ play out.
I buy every chance I get.
I then DRS the shares to take them out of the DTCC and their dirty lending practicing hands. I think the companies fundamentals are great, regardless of whether they have another big squeeze. I think the stock is worth 200+ based on other retailers and large NFT marketplaces. It might be worth a lot more in coming years as the game partnerships with https://nft.gamestop.com/ play out. 
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News