with the crappy interest rate from saving acct..where r u putting all ur $$$? (bonds, fund)
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i made a post about the crappy interest rate u currently make from ur bank on ur saving account. so my question out there to u so call investment expert...where r u putting all ur $? i look at some bonds, and their dividend and & yields are as high as 13%! that's is better than what current stock market is doing!!! so where are u guys putting most of ur money in right now?
I'm about to buy as many equities as possible, especially bank stocks. They may go lower, but they're getting to the point of being severely undervalued, especially since most banks have gone through most of their writeoffs.
They make money off of the transaction fees, so to get that interest rate you have to make 12 debit card transactions a month and you have to log in to home banking once a month. They use the debit card transaction fees to pay the interest rate. One nice thing about credit unions: the profits go back to the customers rather than the shareholders.
i made a post about the crappy interest rate u currently make from ur bank on ur saving account. so my question out there to u so call investment expert...where r u putting all ur $? i look at some bonds, and their dividend and & yields are as high as 13%! that's is better than what current stock market is doing!!! so where are u guys putting most of ur money in right now?
Right now I am not putting any additional funds into our primary investment vehicle at all. I retired on pension at 42. We are watching as our portfolio grows and grows.
I highly recommend residential rental properties.
In my case, I can draw cash from my portfolio from time to time, and still watch as it continues to grow.
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