That's good, man. You'll probably have cashed out on your rental at literally the exact perfect timing when you look back at this moment 10 years later.
I'm so glad you recommended treasuries, because I just got off a long phone call with my brokerage. Since I've never bought these I wanted to talk to them about the interface and make sure that I understand things enough to not make some kind of stupid mistake. It's so much easier than I thought; we've just been missing out by keeping money in the trading money market account, even at times when I'm not actively trading. I guess we haven't been missing out too much because rates really weren't that great until very recently. We're probably gonna put half of our money in a liquid FDIC savings (since the rates are close) and half of it in treasuries. I figure it's worth the loss of the additional 1/3 of a percent to go with one of these larger/older Internet savings accounts and be A) have instant withdraw liquidity and B) FDIC insurance. Then, half our money is protected based on the solvency of the FDIC and half is based on the solvency of the US treasury in general (I wouldn't bank on the interest payments being guaranteed for sure if we really do hit a financial crisis bigger than 2008).
Then there's the physical gold (in case everything goes up in flames) - that stays. I wouldn't ever keep less than 10% of money in physical gold and silver, no matter the trustworthiness of the government, etc.
Pretty exciting being able to make 1990s style interest in a bank account or anything safe-ish again. That was always my fantasy when I was young, and then I grew up and the interest rates went to zero LMFAO.
BTW, I have a recommendation for you: make sure you print out physical copies of records pertaining all of your money, in case of the event of "digital Covid", which I could see as being a part of the "great reset", great way to accidentally lose all the records for everybody's transactions. It could help, in the event of such a scam being pulled by TPTB.
That's good, man. You'll probably have cashed out on your rental at literally the exact perfect timing when you look back at this moment 10 years later.
I'm so glad you recommended treasuries, because I just got off a long phone call with my brokerage. Since I've never bought these I wanted to talk to them about the interface and make sure that I understand things enough to not make some kind of stupid mistake. It's so much easier than I thought; we've just been missing out by keeping money in the trading money market account, even at times when I'm not actively trading. I guess we haven't been missing out too much because rates really weren't that great until very recently. We're probably gonna put half of our money in a liquid FDIC savings (since the rates are close) and half of it in treasuries. I figure it's worth the loss of the additional 1/3 of a percent to go with one of these larger/older Internet savings accounts and be A) have instant withdraw liquidity and B) FDIC insurance. Then, half our money is protected based on the solvency of the FDIC and half is based on the solvency of the US treasury in general (I wouldn't bank on the interest payments being guaranteed for sure if we really do hit a financial crisis bigger than 2008).
Then there's the physical gold (in case everything goes up in flames) - that stays. I wouldn't ever keep less than 10% of money in physical gold and silver, no matter the trustworthiness of the government, etc.
Pretty exciting being able to make 1990s style interest in a bank account or anything safe-ish again. That was always my fantasy when I was young, and then I grew up and the interest rates went to zero LMFAO.
That's good, man. You'll probably have cashed out on your rental at literally the exact perfect timing when you look back at this moment 10 years later.
I'm so glad you recommended treasuries, because I just got off a long phone call with my brokerage. Since I've never bought these I wanted to talk to them about the interface and make sure that I understand things enough to not make some kind of stupid mistake. It's so much easier than I thought; we've just been missing out by keeping money in the trading money market account, even at times when I'm not actively trading. I guess we haven't been missing out too much because rates really weren't that great until very recently. We're probably gonna put half of our money in a liquid FDIC savings (since the rates are close) and half of it in treasuries. I figure it's worth the loss of the additional 1/3 of a percent to go with one of these larger/older Internet savings accounts and be A) have instant withdraw liquidity and B) FDIC insurance. Then, half our money is protected based on the solvency of the FDIC and half is based on the solvency of the US treasury in general (I wouldn't bank on the interest payments being guaranteed for sure if we really do hit a financial crisis bigger than 2008).
Then there's the physical gold (in case everything goes up in flames) - that stays.
Pretty exciting being able to make 1990s style interest in a bank account or anything safe-ish again. That was always my fantasy when I was young, and then I grew up and the interest rates went to zero LMFAO.