Author Topic: New To Investing Thread  (Read 246446 times)

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Offline Dr Rick Daris

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Re: New To Investing Thread
« Reply #4200 on: August 04, 2022, 09:03:57 AM »
KITN you have any properties that you airbnb or vbro? seems like some are banking on those in mhk

Once my kids move out and I can retire (10 years?), I am going to vrbo my place in the fall for football games, etc and live somewhere else for a few months. Different place every year. Colorado? Sure. Ireland? Why not! Stupid/small Mexico beach town that SD hates? You betcha.

Offline Stupid Fitz

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Re: New To Investing Thread
« Reply #4201 on: August 04, 2022, 09:58:48 AM »
KITN you have any properties that you airbnb or vbro? seems like some are banking on those in mhk

Once my kids move out and I can retire (10 years?), I am going to vrbo my place in the fall for football games, etc and live somewhere else for a few months. Different place every year. Colorado? Sure. Ireland? Why not! Stupid/small Mexico beach town that SD hates? You betcha.

This sounds amazing. Contracts RD.

Online mocat

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Re: New To Investing Thread
« Reply #4202 on: August 04, 2022, 10:08:59 AM »
good plan

Offline steve dave

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Re: New To Investing Thread
« Reply #4203 on: August 04, 2022, 10:15:11 AM »
I'm going to put in a pool and then rent it out to people for pool parties

https://www.3newsnow.com/news/local-news/omaha-homeowner-uses-swimply-app-to-share-her-pool-with-the-community

Offline ben ji

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Re: New To Investing Thread
« Reply #4204 on: August 04, 2022, 07:00:51 PM »
I'm going to put in a pool and then rent it out to people for pool parties

https://www.3newsnow.com/news/local-news/omaha-homeowner-uses-swimply-app-to-share-her-pool-with-the-community
Do they get to come inside to pee or do they just go in your pool?

Offline Kat Kid

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Re: New To Investing Thread
« Reply #4205 on: August 08, 2022, 06:49:22 AM »
?s=20&t=ypJFgkWe1Ry4_V1h8wbHEg

Offline catastrophe

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New To Investing Thread
« Reply #4206 on: August 10, 2022, 10:28:23 AM »


yes
Anyone want to explain if there is a catch here? Obviously it won’t stay at 9.6 forever but seems like a good idea for alternative investment.

Offline steve dave

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Re: New To Investing Thread
« Reply #4207 on: August 10, 2022, 10:38:39 AM »


yes
Anyone want to explain if there is a catch here? Obviously it won’t stay at 9.6 forever but seems like a good idea for alternative investment.

there really isn't a "catch" but there are a lot of rules and whatnot. You can only buy $10k a year (per person so a spouse could buy another $10k). You lock that rate for a 6 month term so the 9.6% is annualized. It adjusts every 6 months based on CPI. You have to register and use the governments shitty website to transact in them. It's a very nice little guaranteed return that's slightly outpacing inflation and obviously a much more peggy pos option when both the equity and public bond markets have been eating crap. but now the markets are ripping and you'll be sitting there in your boring ass bond so nancy neg there.

Offline sys

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Re: New To Investing Thread
« Reply #4208 on: August 10, 2022, 02:48:41 PM »
don't you lose the last 6 months interest when you sell or something like that?  i thought that was the catch (beside the 10k limit).
"lol, i understand military logistics quite well, thanks."

Offline steve dave

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Re: New To Investing Thread
« Reply #4209 on: August 10, 2022, 03:34:24 PM »
don't you lose the last 6 months interest when you sell or something like that?  i thought that was the catch (beside the 10k limit).
If you cash out before it is 5 years old you lose the last 3 months. you can't cash out until they are at least 12 months old. they technically have a 30 year maturity if you plan to put them in an old book on your shelf and then die and then your house gets sold at public auction and then somebody finds them 30 years later (and you have a paper one for some reason).


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Offline steve dave

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Re: New To Investing Thread
« Reply #4210 on: August 10, 2022, 03:39:07 PM »
here's the website with all the stuff. you have to set up a treasurydirect account if you want to buy stuff like you're signing up for netscape e-mail.

https://treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm

Offline Phil Titola

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Re: New To Investing Thread
« Reply #4211 on: August 10, 2022, 03:54:48 PM »
I bought a bunch years ago when the fixed rate was like 2% so those are looking like a hot piece of ass. Sucks the fixed hasn't moved up at all lately.

Offline DaBigTrain

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Re: New To Investing Thread
« Reply #4212 on: August 10, 2022, 04:19:36 PM »
I bought some $NVTA 3 weeks ago and today was a good day to sell it
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f