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re: Looking for a decent rate on a savings account

Posted on 4/4/21 at 1:46 pm to
Posted by Pendulum
Member since Jan 2009
8047 posts
Posted on 4/4/21 at 1:46 pm to
Some guy on here was pumping this commercial mortgage REIT that was in the dumps in the fall, IVR, pays 8%ish, has a pretty enticing chart aswell in relation to reopening, high dividend with some growth possibly. I looked into and loaded up in my roth IRA which is mostly high speculation at this point. I'll let you guess what part of the roth is doing better in the last 2 months or so.

I'm not long term on commercial real estate at all, but it doesn't seem like a bad place to be right here and now.
This post was edited on 4/4/21 at 1:48 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11554 posts
Posted on 4/4/21 at 5:55 pm to
The best option I know of is putting money in Voyager for 9% interest. I wouldn't put a million in there because it's not backed by the FDIC.
Posted by Auburn1968
NYC
Member since Mar 2019
26418 posts
Posted on 4/4/21 at 7:50 pm to
quote:

Some guy on here was pumping this commercial mortgage REIT that was in the dumps in the fall, IVR, pays 8%ish, has a pretty enticing chart aswell in relation to reopening, high dividend with some growth possibly. I looked into and loaded up in my roth IRA which is mostly high speculation at this point. I'll let you guess what part of the roth is doing better in the last 2 months or so.


Picked up a couple of hundred of IVR for just that reason. Looking at their two and five year chart history, if they get back on track even partially, looks like there is a lot of up-side in the post covid world.
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