Thread: Valkyrie's Account Talk

more blackrock news.

https://media.mercola.com/ImageServe...ership-pdf.pdf

100G COB

started monthly withdraw, while Fed tax is still low and state is not taxing the withdraw but have to stay under their limit for no tax.

so they whoever they are, went from turnaround tuesday and crash on wednesday to turnaround thursday and crash on friday.

and then they pass the secure act to steal even more of peoples 401ks.

my one credit union is now paying 0.648% APY 0.650% for the premium yield account effective 5/1
looking forward to the fed increase

"BlackRock currently boasts more than $20 trillion in investments, all of which follow the ESG and “socially responsible” guidelines required by its CEO Larry Fink. Fink infamously stated that “it’s time to force people’s behavior to change,” and he is apparently doing that by seizing control of American agriculture."
https://noqreport.com/2022/05/02/wak...on-in-america/

https://districtcapitalmanagement.com/i-bonds/

9.62% is the current inflation interest rate if you purchase the I Bonds before November 1, 2022. The previous I Bonds interest rate was 7.12% for November 2021 to May 2022. . The reason the I Bonds inflation interest rate is so high is because inflation has been quite high for the past months. This also means that the composite rate is also an annualized 9.62% for the first 6 months that the bond is held. This is the highest that it’s been since May 2000. For an investment that’s guaranteed by the federal government, that’s very attractive! However, before you go on an I Bonds shopping spree, wait and read the fine print! You must own the bond for at least 5 years to receive all of the interest. You can cash out an I Bond after one year, but if you withdraw it before 5 years, you’ll forfeit 3 months of interest. How does that affect your return?

For what it's worth, I just threw 10K (the max yearly limit) into it. This was from a chunk of money that I keep in a Capital One Savings Account that I have for liquid assets / emergency funds. 10K is only about 10% of that account total, so it's a minimal amount and still leaves me plenty in case I need it. Cap One is paying .10% on that account, so it's a no-brainer. That money just sits there anyway.....
Even if you take a 3 month interest hit for cashing out before 5 years, it's still worth it. Just know that you need to lock it down for at least a year.
With the economy tanking, I would expect the rate on these Bonds to go up in another 6 months. I may move another 10K from Savings into I-Bonds next year as well depending on the economic climate at the time.
​Every little bit helps, so we'll see.....

Fed “Doesn’t Care” About Inflation, It’s a Mirage to Prop U.S. Dollar at All Costs Says E.B. Tucker

https://www.youtube.com/watch?v=DHY8sWt7EOE

"We are in a centrally planned economy," and no longer a capitalist system due to the Fed's actions, asserts E.B. Tucker, bestselling author of "Why Gold, Why Now?" This narrative-driven economy has been pinpointed on the Fed wanting to strengthen the dollar, "they don't care about inflation," he tells our Daniela Cambone. Tucker illustrates this large, "debt-based system," as a perpetual boom with the occasional crisis. He also adds that it is difficult for investors to navigate these economic waters, "and won't end until it explodes, which is not going to happen anytime soon." He warns that a digitized dollar is the next step toward total control of the masses, saying that China has already begun this with the digital yuan.

logged into the new site. programing company is sexist completely woke, etc.,etc. everything is "her"

Example: A person with a $100,000 balance who does not withdraw money for five more years could increase her balance by $28,000, if her portfolio has a

1% increase today? or safe 0.75%

Maybe Tom or someone can add a poll on home page or in forum for this.

My vote is a 1% hike. Normally fed doesn't like to be strong armed into doing something aside from their initial thought process but this may be that moment in history where they say it's important to get ahead of it a bit more. IDK honestly but fun to guess. Seems to be a lot of 50 or 75 out there so I thought I'd be a little different. At this point I do agree, for a change, with a lot of those who are saying if it's 50 the market won't like it. Might sell off late this afternoon or the rest of the week for that matter if 50 is what they come out with, especially if they are just good with the course of action and no future of any higher hikes that another 50 at the next meeting. Look out below if that happens. They need to be more hawkish imho.