I’m pretty sure I posted about it in here when I bought it, but I’m very bullish about CVCO, a manufactured/modular homes company. They crushed earnings today, and somehow dropped lol, I bought more. They rate to do well in an affordable housing crisis, which seems to be where we are inevitably headed. They’re investing to grow the business as the opportunity approaches and they still have significant cash on hand and virtually no debt.
The percentage of homes that are manufactured/modular are very low relative to the norms a few decades ago, and it’s pretty easy to see a lot of reasons for that to revert to the old trendline.
I think generally something like 1 yr T-bills have paid better than an online savings account (although that didn’t seem to be the case in '20-21). An online savings account is more liquid and carries no interest rate risk though.
It would be perfectly fine to go with the T-bill - especially if you live in a state where your CD account is subject to state taxes. Your T-bill is exempt from state taxes.
I’d imagine banks would just be slower to adjust their rates compared to what the treasuries offer which may be part of why CDs re a little lower right now, but not positive on that.
I don’t know what fees you’re seeing for getting a t bill but it should very minimal at most, unless it’s some new bullshit move they’re doing right now.
Capital one is offering 3% + 1k if you deposit 100k and leave it for 90 days in a new savings account, so effectively 4%. Seems like a good deal if you have the cash and want to stay liquid.
Main takeaway I must admit is the employee is 8 months pregnant and has a 9 month old baby lol. How about giving the breeding a rest for your body’s sakes.
I’m assuming they’re doing some rounding here, but if she followed the commonly recommended pelvic rest of 6 weeks, she probably got knocked up approximately the first time back at it. I guess we can give the couple the benefit of the doubt and assume the birth control failed and they didn’t want to abort.
Anyone seen anything better than this? I have a large chunk of bankroll and I’m currently deciding what to do with it.
Basically researching the highest ~risk free return I can get. It’s extremely unlikely I’d need to touch it in under 90 days, so it doesn’t have to be 100% liquid - I have working bankroll (liquid) and a year’s living expenses (I bonds). This is the “break glass in case of downswing” portion of the bankroll, so I can’t risk losing a big chunk of it in the market but I’d like it to be earning me as much as possible.
Edit: It occurs to me I have some bookmarked posts to go read in the individual economics thread, actually, that my address this, as I think I asked some form of this question in less detail there.
I wouldn’t trust RH or SoFi. I know someone who had their SoFi accounts drained and they told him to fuck off it’s his fault and not fraud. He ended up getting the money back, but only because he DM’d the head of their legal team on LinkedIn.