Thread: Epic's Account Talk

Originally Posted by weatherweenie

Give me a risk free 5-8% and I'm going to be tempted to say eff it, and park my $$ there.

I-Bonds were the rage about a year ago, and are available to anyone. Please do your research, but I found it to be a good opportunity that meets your requirements.
In short:
I put 10K (the yearly limit) into an I-Bond last year when the current rate was at 9.62% and that got locked in for the first 6 months. Then it deferred to the current rate of 6.89%.
The 6.89% rate can be had and locked in for the first 6 months up until April 30, 2023, which means if you purchase an I-Bond before that date the rate is locked in for the first 6 months.
I may make another 10K I-Bond purchase (for this year) before that cut-off date to lock in that rate (for the first 6 months), but I just haven't decided yet. I have 3 months to see how this economy is working out.

There are some rules with this, so PLEASE do your research first and decide if it's the right move for you.
Rates can go UP and Rates can go DOWN, but the current rate of almost 7% aint too bad.
READ MORE HERE > > > > > https://www.treasurydirect.gov/savings-bonds/i-bonds/

Hope this helps . . . .

Any of you old enough to remember this?

What Is the Highest CD Rate in History?
According to data from the Federal Reserve Bank of St. Louis, CD rates reached an all-time high in 1980—18.65% for three-month CDs and 18.29% for six-month CDs. Between May 18, 2009, and March 29, 2021, the highest one-year CD rate was 1.29%, and the highest five-year CD rate for accounts with less than $100,000 was 2.30%.

https://www.thebalancemoney.com/cert...istory-5271818

Originally Posted by tsptalk

Any of you old enough to remember this?

I remember it but at 17 years old I was too broke to participate.

Originally Posted by WorkFE

I remember it but at 17 years old I was too broke to participate.

Same here...... I had just graduated High School.

Me too. In high school you're thinking, 18%, is that good?

Originally Posted by tsptalk

Me too. In high school you're thinking, 18%, is that good?

At that age I only had one thing on my mind, and it certainly wasn't investing....... LOL
It was the 80's man. I honestly didn't think I'd make it past 27. Got lucky I guess.

https://www.federalreserve.gov/newse...y20230201a.htm

Watch Here 2:30 >>>> https://www.youtube.com/watch?v=CNxtwxLYCxc

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Not much change in both .......

https://www.naaim.org/programs/naaim-exposure-index/
https://www.aaii.com/sentimentsurvey

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AAII-2-1-23.PNG

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Thanks, I'll be very curious to see what these number look like next week.

Good Morning,
9:00 am and futures looking a little RED this morning. Hopefully things will improve at the Open.
Best of luck this week !!!

https://www.investing.com/indices/indices-futures

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​Good Morning. Here you go. Check Coolhand for his analysis of the NAAIM readings.
Both AAII and NAAIM both more Bullish than the prior reading.
Also, Oscar Carboni (if you follow him) has officially declared that "The Bottom Is In" in one of his latest videos. I guess we'll see....... I'm still on the fence, but watching closely.
https://www.aaii.com/sentimentsurvey
https://www.naaim.org/programs/naaim-exposure-index/

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