07-05-2023, 02:29 PM
(07-05-2023, 01:48 PM)Mr1share Wrote: Sold 80% of my holdings today and put proceeds into OGVXX
Pays 5.12% for being in it money market fund. I will sit in this for a year or so
Good luck everyone going forward.
Nothing wrong with that play. Anything that pays a yield of over 4.5% in money market is a nice safe play. I still say the fed raises interest rates another 2-4 times be years end.
I don't own OGVXX but own Vanguard VMRXX. Low expense ration and pays 5.13% yield
I kind of did the same thing. Ended of selling a lot of stuff last week. I don't trust this rally at all, and I wanted to lock in the gains
I'm only in 13 stocks now of which I have held for more then 10+ years. I only add on big dips. I take the dividends and put into TLTW and USFR
Boring but that's the way I'm playing it lol