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May 8, 2021 21:30:27 GMT
Post by Deleted on May 8, 2021 21:30:27 GMT
I have some cash in Fidelity waiting for opportunity to be invested.
What investments can I put the cash in to generate some returns meanwhile?
I do not want to move it to online savings accounts which are giving around 0.4%.
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Cash
May 9, 2021 2:49:04 GMT
via mobile
Post by chang on May 9, 2021 2:49:04 GMT
I have some cash in Fidelity waiting for opportunity to be invested. What investments can I put the cash in to generate some returns meanwhile? I do not want to move it to online savings accounts which are giving around 0.4%. I keep my cash in VG's UST fund VUSFX. I don't keep extra cash at Fido but if and when I do I will use VG's new ETF class of VUSFX (I don't know the ticker). JPST and MINT are other popular UST bond ETFs, but I expect the VG entry will be the cheapest.
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Cash
May 9, 2021 12:44:54 GMT
chang likes this
Post by yogibearbull on May 9, 2021 12:44:54 GMT
VUSB. ICSH, JPST, MINT also good.
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May 9, 2021 18:51:48 GMT
Post by Deleted on May 9, 2021 18:51:48 GMT
Thank you. Putting money into VUSB for now.
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May 9, 2021 20:20:31 GMT
Post by xray on May 9, 2021 20:20:31 GMT
@waffle, Your: I have some cash in Fidelity waiting for opportunity to be invested. What investments can I put the cash in to generate some returns meanwhile?
The problem with investing is that what was a good investment yesterday may no longer be a good investment today. And, the opposite is true, what wasn't a good investment last week is becoming gold today. Some of us just keep cash and "wait". If you don't see [or by analysis to your individual "GOAL & Objectives"] just wait. There will be one coming along with most of the traders gone. There always is...
One of the biggest mistakes we all make [until lessons learned] is not knowing when to sell and take advantage of CapGains, along with dividends we may be receiving. My current data shows that the market is struggling, like apparently we all are, in finding that particular investment....
My current data shows "4" securities in my current portfolio worth investing in. However, always however's, any security can change direction at any time for "any" reason. Since some of us are "Dividend & CapGain" oriented, and CEF oriented [over many years now], you might want to park a little in HGLB which remains a "BUY" in my current world of investing [and not gambling or waiting for a wind change]. You can compare the below with my original post some time back:...
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HGLB: Objective: "FUTURE" Long Term Growth Capital COB Friday 5/7/2021
Mkt Price 8.72 Change in MktPrc from last week: +0.20 [need >+0.10] Chart Power: +11.25 [need +13.13] YTT:+2.26 [need >+2.06] MTB: +1.01 [need >1.00] Risk Taken [if investing] currently: +0.333 [need >+0.267]
Current Dividend: 9.77 Dividend Sustainability: +470 [need +582] HGLB Dividend Policy: 8.5% of NAV last "5" days of 2020
NAV: 11.41 Discount to MktPrc: +1.29 [need > +1.00] Total NAV change: +4.77 [need >+4.02] NAV change since 12/31/2020: +1.11 [need >+1.16] NAV trend going forward: +3.22 [need +2.87] Intrinsic value change: +0.16 [need >-0.06]
Report Card Grade: 97 Power Reading: 100 [need >97] Projected Power Reading: 100 [Best Buy Signal]
Star [0-10] Rating: 10star for 4 current weeks [need >7stars] 13wk average Star Rating: 9.67 stars [need >7stars]
Performance last week [to date]: 368 [need >300]
Disclosure: Some of us currently have a "FULL" allowable portfolio position [>6%] in HGLB....
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One single opinion of the many I am sure.... Live Long and Prosper....
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May 9, 2021 22:05:58 GMT
Post by Deleted on May 9, 2021 22:05:58 GMT
Thanks Xray. But I still have some kind of resistance for CEFs. I really do not understand them. Very high fees, high leverage, low sales volumes, discount to NAV, portfolio of many things etc. that I do not understand.
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May 10, 2021 19:32:53 GMT
Post by xray on May 10, 2021 19:32:53 GMT
@waffle,
Your: Thanks Xray. But I still have some kind of resistance for CEFs. I really do not understand them. Very high fees, high leverage, low sales volumes, discount to NAV, portfolio of many things etc. that I do not understand.
Understanding CEF's can be challenging. Morningstar had a very good introduction and following in CEF's in the 1990's. A lot of us subscribed and got a lot of useful investments through their article investments through the years. However, always however's, they discontinued the service for lack of interest. With that said....
Looking at CEF's [for some clarification of the analysis process] through my eyes [over many years now]:
1... High Fee's .... Never made that part of my analysis. If/when we are making the amount of ROI that we want from a investment, I would never worry about a "good" manager of a CEF from getting his [IMHO]. GHS, a CEF, was a great fund in the older days that always traded around $20 and gave us a 20% return [dividend & CapGain] each and every year. The manager left and Morningstar closed the CEF [never did find out where he went]....
2... High Leverage .... Never part of my analysis in investing. Managers problem, not ours....
3... Low sales volumes .... "ALL" CEF's trade with low volume except for some extraordinary news event. Never part of my analysis in investing in a CEF. Buying when in front of the news helps....
4... "Discount to NAV" .... Now you are getting into one of my main analysis parameters. Always looking for a "BIG" discount [like HGLB] with "other" very good analysis parameters. Normally, big dividends [R72] lead to growing market prices as income oriented [retired] investors become aware....
5.... Portfolio of many things .... Again, never part of my analysis for investing. Portfolio's are a "MANAGERS" [who supposedly have all of the qualifications with their Master & Doctorate degrees] responsibility, not ours. If/when a CEF performs badly, we sell out and "wait for a Manager change". GAB was a great example of this as Mario Gabelli ran that fund and many of us got rich with their continual $7 rights offerings, high dividends and their spinoff's [free to us] of GUT, GGT, etc]. When Mario gave the CEF to two other managers to run, we left. Some of us have since come back into GGT [intellectual property]....
Not trying to change your mind, since you are not CEF oriented, but thought the above information may be of some use going forward....
Live Long and Prosper....
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May 11, 2021 0:33:43 GMT
Post by Deleted on May 11, 2021 0:33:43 GMT
Thanks xray, Do you buy CEFs in tax deferred(retirement) accounts or taxable account? or it does not matter? I can buy in either. Specifically for HGLB
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May 12, 2021 18:58:57 GMT
Post by xray on May 12, 2021 18:58:57 GMT
@waffle,
Most of us are in "both". When entering a "NEW" security into our portfolio's it is best to enter it into the taxable account to test it out and get the best tax advantages [for the possibilities in using any TaxLosses for deductions to offset out other accounts CapGains and using "Wash-Sales" to reduce our initial MktBuy that many have initially been bought too high]. If/when a security has proven out, we can then start it in our non-taxable accounts to offset our dividends and CapGains "tax free" [and reduce our taxable holding to "0"]....
HGLB was already proven out for us so we currently have it all in our non-taxable account. HGLB is currently in the best of two worlds with their current "NAV" this afternoon [up $0.10 with their MktPrc down $0.12 [against COB Friday] this afternoon in a substantial corrective market]....
Live Long and Prosper....
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May 13, 2021 15:55:17 GMT
Post by xray on May 13, 2021 15:55:17 GMT
Interesting this morning as "TRADERS" [computer programs with their micro second responses] "jumped" on the "UP" market and basically brought all of the "valued" securities back to normal [if not higher]....
Live Long and Prosper....
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