On Mon, 19 Apr 2021 14:23:50 GMT, (Scott Lurndal)
wrote:

writes:
On Sun, 18 Apr 2021 11:06:29 -0700 (PDT), trader_4
wrote:

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.


Do you really think inflation is as low as the government says it is?

Do you have any evidence that it is not?

Just my grocery bill, the cost of energy, the cost of various
materials I buy, the cost of real estate/rents and the cost of
consumer goods, in spite of most being made by Asians or 3d world
workers. The exception is electronics but that is just because of the
technology getting smaller/cheaper. There is far less labor involved.
What used to be hundreds (thousands?) of parts soldered together by
hand is now on a chip that costs pennies to produce and is wave
soldered on a board by a robot.
I am not sure what the government puts in it's basket to get the CPI
but I don't seem to buy much of that.