Ended up with a larger than expected tax-return and a desire to actually start preparing for any sort of long-term financial future, and I'm looking at the wider bullshit going on and assuming stocks are currently not where I want to investing money at the moment. So, what sort of fixed-income is better under current conditions, and why? And if fixed-income investments aren't a good idea right now, what's preferable right now and why?
Is it any better/worse to invest in fixed-income investment right now? (Treasury notes or i-bonds, CDs, etc)
byu/Zoanzon ininvesting
Posted by Zoanzon
1 Comment
HYSA at 4-5% APY is the simplest move, fully liquid, no lockup, earns more than most CDs. T-bills are similar yield and state-tax exempt if that matters to you.
That said, if this is 10+ year money, the “wider bullshit” is historically when stocks give the best entry points. Consider DCA’ing a portion into a broad index fund like SPY/IVV alongside the fixed income.