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@MikeM- For any particular CD issue you want to be looking at the "YTM" percentage. YTM is "yield to maturity", and depending on circumstances may be the same as, or different from, the actual "advertised" yield. If the issue price is 100, the the a…
@LewisBraham- Yes sir, full FDIC. An advantage is that there are so many US banks issuing these that it's very easy to spread purchases over a wide number of banks, limiting the risk at any one bank, and also easily stay well under the 250k FDIC lim…
@MikeM- Yes, I agree with you regarding a short-term CD, say a year or less. If called, no big deal. When I'm looking at Schwab, I filter for terms of 5 years and non-callable, just to narrow the list down a little. You still have to be careful that…
@Sven- yes, there's still a very few around, but they're getting much harder to find. I think that a lot is going to depend on how the Fed operates later this month and beyond. I think that they're going to try to keep gently pushing until they see …
Hi Mike- At this moment I don't see the 5.08, or anything greater than 4.95 callable.
In non-callable, the best is 4.85. Don't forget to check the actual purchase price- if it's anything over 100% the actual return will be lower than shown.
For ex…
From "https://www.govinfo.gov/content/pkg/GPO-HPRACTICE-108/html/GPO-HPRACTICE-108-35.htm" (referenced above, by Yogi)
Article I, section 2 of the Constitution directs that the House
choose its Speaker and other officers. The Speaker is the only…
All of this is fascinating... I had no idea that a "non-current member" could be chosen as the speaker. Does the term "non-current member" mean that the individual must have previously been a member, or does it mean that anyone at all can be chosen …
As I recall, the Canadians were willing to help with the situation, but did not want to deport her for their own political reasons. Her "house arrest" detention was a compromise.
It's been my experience that small caps, as a group, generally do well during certain segments of a typical bull-bear cycle. Not something that I'd consider for buy and hold "come hell or high water".
Do you really think that it's a great idea to have companies with known ties to the Chinese government allowed to be major transporters of United States or Canadian communications?
Trump wasn't wrong about everything.
Yes, I always thought that we didn't do Canada any favor by dragging them into the middle of our contest with China and Huawei. If I remember correctly, China immediately retaliated by arresting two Canadian citizens on "Trumped up charges" (such a …
He is a heavy trader.
Actually, I've not seen much evidence of "trading". As larryB said, "his buy transaction list is as long as the Mississippi River" (nicely said!), but I've never seen any similar "sell list".
It's my impression that John like…
johnN has been a poster at MFO for many years. He seems attracted by offerings that promise above average returns, but upon closer examination also have well above average risks. Not for the faint of heart. Perhaps the gains and losses of these type…
Following are excerpts from a current article by Paul Krugman in The New York Times. He argues for a nominal inflation rate in the 3-4% area, which I personally believe would be acceptable. The complete article is fairly long, and if you are a NY T…
Going down...
Non-Callable FDIC: 3 year now at 4.85 presently available at Schwab. Offerings slightly down from 4.95, but I'm thinking that we may have reached the peak for medium-term instruments. Will continue to watch this.
For sure. Capitalism at it's finest. But the sad fact is that even the US government can't do a decent job in health care- the VA "system" is, in it's own way, just as bad. Except, of course, for the President.
That would be one hell of an "inventory". How to keep track of every item owned by each and every one of the six armed services (Army, Navy, Air Force, Marines, Coast Guard, and Space Cadets)? Down to every last rifle and bullet?
Come on.
