Consider using an Ally or Marcus savings account. The last I looked the rate on a savings account was 0.5%. Ally has/had 1year CDs at 0.6%. None of these rates are good and you will lose money due to inflation but with the savings accounts you have no term risk (and no guarantee the rates […]
Star_fish wrote: ↑Wed Feb 24, 2021 1:33 pm Country of Residence: United Kingdom. International Lifestyle: Not planning any permanent move ever. Currency: GBP. Emergency funds: About 10k GBP for 6 months living expenses Debt: £120k mortgage fixed for 5 years @ 1.29% interest rate. Age: 36 Desired Asset allocation: 60% stocks / 40% bonds State […]
If you wanted to get to 20% bonds quickly, one possibility would be to — use the $ from CDs to purchase municipal bonds in your taxable account (maybe state specific; I live in CA and hold CA munis through Vanguard’s funds). This would get you 156K in bonds. — you need to be closer […]
I think the "flash crash" the ARK funds just had does emphasize the liquidity issues of some of the holdings, as their funds hold a large percentage of some very small companies due to their massive AUM inflows.
eshkidd wrote: ↑Wed Feb 24, 2021 10:32 pmBuffett, Graham, and Klarman aren't luck, are they? No one has provided any argument in this thread as to what would constitute for them the line between luck and a proven track record. What are the implications of a proven track record? In particular, even if they were […]