Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
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27 Replies
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Most online bank give good interest rates for CD. I use this tool to check the interest rates
http://www.magnifymoney.com/compare/certificate-deposit/
and decide where to invest. I usually look for...
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
You shouldn't be "investing" in anything if your time horizon is 3-5 years before you require the money. On the other hand, you can consider investing a portion of your money with a longer time...
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
That is not a good idea. You have to down pay 20% to avoid the mortgage insurance.
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
It just depends on how much work you want to do. If a house is $200k, you might be able to find a foreclosed one at $100k that needs $80k worth of work. Or another one might be $150k and needs $30k...
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
I'm looking at some high interest yield accounts. They usually have limits on what you can put in there and get cash out of it, so the amount the OP is discussing would require a few accounts or a...
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
This interests me. But its a big tome commitment. Do u have a regular job?
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
Thanks, however, picking up a "need-work" house is a tricky job, correct?
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
My largest investments (besides my home) are in VFIAX and VWIAX, but saying "don't want to risk losing" is not accurate. Stock market is fickle.
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
I have my money in Vanguard 500 index funds VFINX. Its up 13% YTD. A lot of people online recommend this fund.
Change is minimal even with huge market dip we had last month.
Gained about $3k from...
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
Can u suggest the fund that gives 6% return?
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
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27 Replies
6,180 Views
which stable value fund,? Got ticker?
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
Didn't know this existed. Wish I'd known about this long ago. repped. Going to check it out.
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
There may be better options than this, but mysavingsdirect.com has savings accts that pay 1.00%. Completely liquid. But you can't write checks on them. I have it and transfer funds to my B Of A...
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
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27 Replies
6,180 Views
except I'm not close to the 6 figure salary =/
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
Perks on NYC: It's NYC and your salary is automatically 6-figures....
Cons of NY: Cost of living in most of the state... :lmao:
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
If you're in a high cost of real estate area, consider foreclosures. I started in '08 and flipped about 40 homes and owned 70 which I rented out. liquidated it all about 6 months ago.I still get into...
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
i'm in a similiar boat as you, a little more in bank. I get .5% interest rate w/ NavyFed.
Don't want to tie up $, but looking for a way to invest and/or opportunity.
moved to NY 2.5 years ago....
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
Ok got it.
I'm also considering using first time home buyer assistance that would bring my down payment down to about 3%. Any thoughts on how that should affect my investment strategy since it...
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
he's probably talking about index or EFTs. if you are looking to use that money for a down payment in the short term, buying equity in the stock market isn't the route.
Cash in bank - How to Invest?
Thread created 07-18-2017 by PrinceOfDa831
0 Score
27 Replies
6,180 Views
How liquid are these accounts?
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