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Best return on $20k for 6-12 months? Minimal to no risk only
Posted on 11/2/24 at 12:55 pm
Posted on 11/2/24 at 12:55 pm
Tell me something better than a CD.
Posted on 11/2/24 at 1:06 pm to High C
Saints / panthers under 43.5
Posted on 11/2/24 at 2:18 pm to High C
The only risk is holding dollars which have devalued over 97% over the last 100 years.
Posted on 11/2/24 at 2:32 pm to High C
Minimal to no risk - the only option there would be is a high yield savings or CD
Posted on 11/2/24 at 3:24 pm to High C
Robinhood gives 5% on cash now.
Posted on 11/2/24 at 3:31 pm to TigerTatorTots
quote:
Minimal to no risk - the only option there would be is a high yield savings or CD
Kinda what I figured, but I thought someone in or very involved with the industry may know of something that I wasn’t aware of.
Posted on 11/2/24 at 4:43 pm to High C
T-bills will give you better than a CD.
Posted on 11/2/24 at 6:27 pm to High C
Openbank by Santander is offering 5.25% on HYSA
Posted on 11/2/24 at 8:20 pm to High C
High interest savings account
Posted on 11/3/24 at 12:02 am to Suntiger
quote:
T-bills will give you better than a CD.
Sometimes. Another benefit of TBills is no state income tax on the interest (make sure to note this to tax prepare so they don’t frick it up).
Posted on 11/3/24 at 6:08 am to High C
There will always be risk.
There is no free lunch.
If you need the money in a year, a CD seems reasonable.
There is no free lunch.
If you need the money in a year, a CD seems reasonable.
Posted on 11/3/24 at 6:56 am to High C
I use JEPI and JEPQ as a money market for funds I wanr to keep in reserve.
It is much more risky than CD or money market.
If money has a specific purpose and time horizon a cd should be fine for what you need.
It is much more risky than CD or money market.
If money has a specific purpose and time horizon a cd should be fine for what you need.
Posted on 11/3/24 at 9:48 am to High C
No risk? Money market fund. SWVXX
Posted on 11/3/24 at 10:04 am to High C
Easiest would just be a CD at whatever bank you already deal with. 1% only makes a $200 difference over a year on 20k. No risk.
Posted on 11/3/24 at 2:05 pm to lynxcat
VMFXX - lower expense ratio - higher yield. That Schwab Money Market charges an extremely high fee of 0.34%.
Posted on 11/3/24 at 3:05 pm to rocksteady
quote:
Saints / panthers under 43.5
Broke
Posted on 11/3/24 at 8:12 pm to High C
what about one of those structured protected ETFs ?
Calamos Investments
Calamos Investments
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