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re: Best short term low risk investment options?

Posted on 12/25/22 at 9:26 pm to
Posted by MusclesofBrussels
Member since Dec 2015
4939 posts
Posted on 12/25/22 at 9:26 pm to
quote:

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".


This is hilarious given that you are just copy and pasting garbage straight from Reddit without understanding it.

Take this for example:
quote:

This last quarter, they announced a return to positive cash flow.


They finally had a single quarter of positive operating cash flow, showing OCF of around 170 million IIRC, but they had a quarter over quarter increase of over 600 million in open accounts payable. They didn't effectively produce any cash from operations, just ran up a ton of unpaid AP that will likely tank their OCF this quarter.
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 12/25/22 at 9:39 pm to
quote:

They finally had a single quarter of positive operating cash flow, showing OCF of around 170 million IIRC, but they had a quarter over quarter increase of over 600 million in open accounts payable. They didn't effectively produce any cash from operations, just ran up a ton of unpaid AP that will likely tank their OCF this quarter.


Well, 4th quarter ends at the end of January 2023. Let's see if you are right or wrong. I am counting on things progressively getting better with the management moves the company has been making. I am excited for the direction the company is going.
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 12/27/22 at 7:10 pm to
quote:

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 totally agree. I’ve counseled a friend of mine and his wife about this very topic multiple times, and they (or she) still doesn’t seem to get it. “But CDs are safer. I like being able to walk into a bank and know where my money is.” Uh huh. Lucky for her, she’s a sweet woman with a nice personality.

The coupon equivalent yield on 13 week bills today is 4.46% (and no state or local taxes). 52 week bills are at 4.75% CE. A person could ladder into 4 week bills (3.68%), 8 week bills (4.17%) and then move out on maturities if they’re thinking about further rising rates over the next quarter or so. The U.S. Treasury doesn’t need to give me daily updates on where my money is. I figure if they go under, I’ll be poaching deer and raising potatoes in the backyard anyway.
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 12/27/22 at 7:18 pm to
The title of the thread is: Best short term low risk investment options?

He’s looking for a safe, short term place to stash money, that’ll go towards a downpayment on a home.

No offense, but why would you bring up a speculative meme stock, no matter how much *faith* you have in it?
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