Originally Posted By: Built_Well
Originally Posted By: Pablo
Cash sucks at 0.5% interest though!
Go to BankRate.com . You'll find FDIC-insured banks offering better CD and money market rates.
I think buying individual stocks is dangerous. Even financial "experts" {Lol} get it wrong half the time. For every call these professionals make that's right, they make a call that's wrong. If you're very lucky, you'll find an "expert" that's right 60 percent of the time--that's it.
The only equity instrument I feel comfortable buying is an S&P 500 index fund like SPY or Vanguard's VFINX, but only because I'm holding for 30 years 'till retirement.
Let's hope the behavior of the Japanese broad market index isn't repeated here.
i concur!
Originally Posted By: Pablo
Cash sucks at 0.5% interest though!
Go to BankRate.com . You'll find FDIC-insured banks offering better CD and money market rates.
I think buying individual stocks is dangerous. Even financial "experts" {Lol} get it wrong half the time. For every call these professionals make that's right, they make a call that's wrong. If you're very lucky, you'll find an "expert" that's right 60 percent of the time--that's it.
The only equity instrument I feel comfortable buying is an S&P 500 index fund like SPY or Vanguard's VFINX, but only because I'm holding for 30 years 'till retirement.
Let's hope the behavior of the Japanese broad market index isn't repeated here.
i concur!