Where is a good place to park cash when not in stocks?
ot:cash not in stocks
#1
Posted 29 March 2018 - 02:14 PM
#2
Posted 29 March 2018 - 02:37 PM
Here's where I keep mine (1.60%!): https://www.purepoint.com/
YOu might enjoy reading my blog posting on cash as an asset class: https://firechecklis...an-asset-class/
#3
Posted 29 March 2018 - 02:39 PM
Where is a good place to park cash when not in stocks?
Also consider laddering CD's through your broker. I use Schwab and Merrill Lynch and they both offer brokered CD's. If you spread your cash among 4 separate CD's, 3 months apart up to 12 months you'll lock in a nice yield. Pure point though is my preferred high yield online savings account.
#4
Posted 29 March 2018 - 04:05 PM
Where is a good place to park cash when not in stocks?
back in stocks.......when did you leave stocks?
#5
Posted 29 March 2018 - 04:06 PM
Here's where I keep mine (1.60%!): https://www.purepoint.com/
YOu might enjoy reading my blog posting on cash as an asset class: https://firechecklis...an-asset-class/
you cant take a bath until ur all in......
#6
Posted 29 March 2018 - 06:33 PM
No longer interested in debating with IGNORANT people.
#7
Posted 30 March 2018 - 06:32 PM
I parked lot of my cash in oil stocks back when oil was in $30 neighborhood. It was such obvious situation. Not only I am getting much better yield than 1.5% CD's, there has been substantial capital gains as well. Will not liquidate unless oil jumps near $100/barrel.
But that was many moons ago. Right now I favor REITS and Pharma in dribs and drabs. Overall, I am in the camp "sell in May and go away on a long vacation"..
I seldom worry about small yield on parked cash. Because cash is a hedge against big drops.
Edited by pdx5, 30 March 2018 - 06:37 PM.
#8
Posted 30 March 2018 - 06:49 PM
NHMAX
17_16