View Single Post
  #35   Report Post  
Posted to alt.home.repair
trader_4 trader_4 is offline
external usenet poster
 
Posts: 15,279
Default Better rates than a CD ?

On Friday, April 16, 2021 at 12:06:42 PM UTC-4, Frank wrote:
On 4/16/2021 11:37 AM, Dean Hoffman wrote:
On Friday, April 16, 2021 at 9:11:45 AM UTC-5, AK wrote:
Is there any relatively safe investment that makes a better rate than a CD?

I am getting .4 %.

I don't think that is even better than the inflation rate.

Thanks.


I checked the inflation rate a few days ago. One source put it at 1.6%. It's been years
since I had money in the old government bond. EE?
You might want to look at balanced index funds. I've had some of my money in one of Vanguard's but
that particular one is closed to new investors. It has 60% of the money in stocks, 40% in bonds.
An article here about others.
https://investedwallet.com/best-vanguard-index-funds/
Consumer Reports years ago claimed it's better to get an index fund that just tracks a group of
stocks and/or bonds. Doing that cuts out the hot shot stock picker who might make a fortune one
year then go tits up the next.

Lot depends on your age and tolerance for risk.

You are not going to get any interest rates anywhere near inflation rate
and I think inflation is much higher than quoted. Government plays
games in trying to show inflation rate is low such as if price of beef
spikes then people will eat chicken so they say inflation in meat prices
did not go up.


Yet another right wing myth. At least that one won't create an insurrection.