What to do with idle cash right now?

[2Driver]

Let me get hookers and blow out of the way.

Im hesitant to do anything except sit on my hands for the next 6 to maybe 12 months but don’t want to earn zero. I’m letting my hard money loans pay off as they all come due over the next 1-8 months.

I was thinking of laddering T bills?
3 month is .67
6 month is 1.1
12 month is 1.77

Any other super safe ideas?

 

[Happy Smitty]

Yeah. Buy a Hallett.

 

[RitcheyRch]

i think hookers and blow is the best option.

 

[EmpirE231]

Buy as much real estate as you can! It will only be up 10yrs from now. Its what the smart money is doing .

going T-bill route doesn't [ay much more than some online savings banks. Discover is currently @ 0.5%, capital one is at 0.4%, pretty sure these will tick up once we get another rate hike here soon... at least your money is not locked up and very liquid in these situations.

 

[Tamalewagon]

Wait...purchase property if/when there is a downturn in the market. Best returns on your investment.

 

[LargeOrangeFont]

Buy as much real estate as you can! It will only be up 10yrs from now. Its what the smart money is doing .

That was true in 1962, 1972, 1982, 1992, 2002, 2012, is still true this year or in 18 months, and will be in 2032.

 

[OldSchoolBoats]

Bitcoin

 

[EmpirE231]

That was true in 1962, 1972, 1982, 1992, 2002, 2012, is still true this year or in 18 months, and will be in 2032.

how many properties have you bought in the last 2 years? or plan on buying this year? (other than your get outa jail relocation)

 

[cofooter]

I put mine in 17 month 1.25% CD at my credit union. Prett pathetic, and inflation is kicking my ass, but I don't have a better alternative right now.

 

[LargeOrangeFont]

how many properties have you bought in the last 2 years? or plan on buying this year? (other than your get outa jail relocation)

Keep in mind my caveat has always been, if it makes financial sense, buy. It takes due diligence. You wouldn't randomly buy a stock, just as you wouldn't randomly buy RE.

Even if you timed it wrong in RE, with a long enough timeline, you will be OK, if you bought it right with the right plan.

I was going to keep my house in CA and rent it, but it made more sense to sell in this market. RE is a commodity.

 

[Flatsix66]

iBonds pay 7.25%, I think you can do $10k max a year.

 

[traquer]

Buy MREs

 

[2Driver]

Wait...purchase property if/when there is a downturn in the market. Best returns on your investment.

Best move was getting your kid that place near ASU. I bet it might pay for his college.

I just need a place to park cash for 6-12.

I think housing is about to take a hair cut and I have 1 house plus 3 more sitting in hard money.

 

[2Driver]

iBonds pay 7.25%, I think you can do $10k max a year.

What are those. i heard a guy on the finance channels talking about those and couldnt find anything

When I hear 7% my bs meter starts to go off

 

[Gonefishin5555]

toilet paper thanks to FJB

 

[hallett21]

puertorican MREs

 

[DILLIGAF]

Come on man! Buy all the spots up you can of the Speed Cars

Maybe buy the highest historical yielding dividend paying blue chip stock. At least you will get your div and maybe make some money on the stock itself.

 

[Flatsix66]

What are those. i heard a guy on the finance channels talking about those and couldnt find anything

When I hear 7% my bs meter starts to go off

I think this is it. https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm

 

[bk2drvr]

Buy a 300k pontoon boat with dual 450s hangin off the back.

 

[HNL2LHC]

Yeah. Buy a Hallett

We just did that. What next?

 

[2Driver]

puertorican MREs

Im waiting for the summer special, buy 5 cases get a free gas mask

 

[Skinny Tire AH]

Im waiting for the summer special, buy 5 cases get a free gas mask

Does that come with Koreans on your roof?

 

[2Driver]

I think this is it. https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm

yeah, appear to be long term ( 30 years) with penalty for early withdrawal and max investment of $10k

 

[RandyH]

Farm Land or this..something blue.

 

[Flatsix66]

How about Russia war-related defense stocks? AVAV makes the Switchblade 600 tank buster drone - up 30% in the last 30 days. Raytheon or Lockhead Martin who make the Javillin.

 

[Rondog4405]

i think hookers and blow is the best option.

Agreed! Definitely the funnest route!

 

[DaytonaBabe]

Put it all on black. Duh!

 

[cofooter]

Buy a 300k pontoon boat with dual 450s hangin off the back.

Then he'll need a loan for the gas to fill it up

 

[hallett21]

City municipality bonds have a tax free return. Not sure how long you need to be tied up for.

 

[BHC Vic]

 

[LargeOrangeFont]

Then he'll need a loan for the gas to fill it up

Perfect, he can loan the money to himself! Problem solved!

 

[WhatExit?]

Ammo, TP, and RD’s MREs

 

[Tamalewagon]

Farm Land or this..something blue.

View attachment 1104322

Nice plane but Daher just came out with the TBM 960. Now I just need to win the lottery.

 

[Happy Smitty]

We just did that. What next?

Make it perfect. Boat show perfect. Ceramic coat. Then start looking for a 2nd Hallet. Specifically a Vector just to use in Parker.

 

[mbrown2]

NFT's or Speed Car.....lots of hype both very abstract...

 

[jetboatperformance]

2 investment words ... Food and Ammo

 

[Ol Man]

Here ya go. Park in the garage for a few years

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[v6toy4x]

I can say I have NEVER asked myself this question!

 

[Danger Dave]

I'm putting every dime I have into Biden-Harris 2024.

 

[Mandelon]

3 Defense ETFs for 2023

XAR offers the lowest fees, PPA has the best return, and ITA is the most liquid.

www.investopedia.com

 

[2Driver]

Farm Land or this..something blue.

View attachment 1104322

My wife is private pilot, and my kid is at ASU flight school and we were eyeing this plane at our local fly-in community last weekend.

LOL literally the first thing that came to mind was, I should have made more money.

 

[DUNEFLYER]

Farm Land or this..something blue.

View attachment 1104322

Dream plane right here…

 

[CarolynandBob]

I moved all of ours into the bond fund in our different 401k's in the beginning of January. I have earned 1.75% in one and 1.89% in the other. Yes I know I am losing money with inflation, but I think it would be worse in the near future.

I never use to move or try to time the market. I did move it for the first time in the beginning of covid. Got back in when it was pretty low. Not the bottom, but it ended up working really well for us. Those gains will offset anything I miss out on for many years. Hope I am right again, but it is a gamble.

 

[guest hs]

Put it away in a safe

 

[Jimmyv]

Buy Bitcoin today,
Rich tomorrow,
Broke shortly after,
And if you’re lucky,
Break even just after that

All seriousness, some crypto in a diversified portfolio is not a bad idea.

 

[Shlbyntro]

Buy Bitcoin today,
Rich tomorrow,
Broke shortly after,
And if you’re lucky,
Break even just after that

All seriousness, some crypto in a diversified portfolio is not a bad idea.

my fund i have some money just asked me if I wanted to put some crypto in my portfolio. it was something like 10% of total investments. I said no and bought a boat slip instead. Now I just need a boat to put in it

 

[LargeOrangeFont]

my fund i have some money just asked me if I wanted to put some crypto in my portfolio. it was something like 10% of total investments. I said no and bought a boat slip instead. Now I just need a boat to put in it

Sounds like you need to buy some crypto to buy a boat.

 

[Jim]

Large Cap aggresive growth Mutuals.
Vanguard...., Fidelity,..... etc.... Pick your favorite Fund House.....
All double digit annual growth.....

 

[HB2Havasu]

All my extra cash is going into metals (ie: Brass & Lead)

Did anyone mention Hookers and Blow?

 

[CLdrinker]

Buy MREs

Well That’s a shitty return