Quote:
Originally Posted by Rain Man
I was banging the drum for I bonds late last year, and my wife and I maxed out what we could buy, which is a relatively low limit. Nonetheless, I'm very happy that I did it. If we didn't buy the I bonds the money would have probably been in the market and we would have lost 15 percent of it. As it stands, we'll make 9 percent, so that's a 24 percent swing.
I'm happy today, though only in the short term. ATCO was my sixth-largest holding at the end of last year ( https://www.chiefsplanet.com/BB/show...#post16043631], and today it skyrocketed by 23 percent. However, it skyrocketed because apparently there's talk of it going private, and I don't like that. It's a great dividend stock for me that I've held for a long time. |
So they are adjustable rate? I was thinking I could put them in ten years for my kids.
My FIL told me he had a CD that was rolling out that he had for 15%. I almost shit my pants. 15%???!!!! Obviously he got in at the top in the 80s. But holy balls. That's incredible.
He told me he didn't think he could get 15% return on his farm, which I have no idea if it is true, but getting something locked in here on at a high rate isn't the dumbest diversification.