What I Am Buying Today.

[Dario33]

(10-14-2022, 10:35 AM)kblake Wrote:

(10-14-2022, 09:36 AM)Kerim Wrote:

(10-11-2022, 11:38 AM)kblake Wrote: Trimmed O today as I'm afraid these kind of stocks are headed lower since you can now get a CD that pays nearly 5%

I see 3.5 percent all over the place, and I know they'll keep rising in the near term, but where can you currently get a 5 percent CD??

4% at my bank for 5 years. And that's guaranteed. But I am hearing they will reach as high at 5% in the coming year. 

To me CD's are a great way to keep your money safe. Just look at all those monthly paying dividend stocks that are now at 52 week lows. 

My point is people are pulling money out of the market and going into banknotes and CD'S. Especially the ones that are retired or close to it.

Investment limits of $10k/yr but I Bonds at TreasuryDirect currently yielding ~10%.