Stock discussions

[gudboy]

56 minutes ago, Konebhar6 said:

Edo joke ga anna bhayya. 

You posted this earlier "i invested in some stocks at peak they dropped 85%" and now talking about AMC. Anduke anna. Short term money exciting ga anipistadi but will burn pockets. Buy blue chips or MFs. 

i was pulling his leg bhayya...long story undi le he was promoting AMC stock in this thread during pandemic...

[Konebhar6]

45 minutes ago, gudboy said:

i was pulling his leg bhayya...long story undi le he was promoting AMC stock in this thread during pandemic...

Ohh got it now  With out understanding that, I am pulling your leg.  Now he has to pull my leg to complete the cycle

 

[Anta Assamey]

Next Week ARM IPO anukunta... anyone buying...

[yemdoing]

11 minutes ago, Anta Assamey said:

Next Week ARM IPO anukunta... anyone buying...

paisal lev

[nvssr]

Bro @Konebhar6, I have emergency fund 25k sitting in BOFA savings account - Thinking of moving to HYS account? thoughts? any other options?

[Konebhar6]

Just now, nvssr said:

Bro @Konebhar6, I have emergency fund 25k sitting in BOFA savings account - Thinking of moving to HYS account? thoughts? any other options?

Fidelity - 5% SPAXX ani money market fund untundi. Good one. Monthly div istadu. You can take out money whenever you need.

CIT Bank - They also give 5% div paid monthly.

These are best in market and both FDIC insured.

[nvssr]

CIT seems to be a good option - will consider it

All my portfolio is charles schwab - looks like it's money market is paying at 4.65 - Thank you

[Konebhar6]

20 minutes ago, nvssr said:

CIT seems to be a good option - will consider it

All my portfolio is charles schwab - looks like it's money market is paying at 4.65 - Thank you

Only thing you need to be careful with CIT Bank is, they suddenly change Interest rates and do not communicate to you. For e.g. their premium savings account gives 4.95% interest. They might announce a new account Premium Savings account II and give 5% interest there and reduce the current one to 2%. They will not communicate this it seems. This is based on online reviews. I did not experience this yet. BUT ITS A GOOD BANK and well managed.

Fidelity Money market is very good. SPAXX. 4.95% there as well.

[Deadp0ol2]

1 hour ago, Konebhar6 said:

Fidelity - 5% SPAXX ani money market fund untundi. Good one. Monthly div istadu. You can take out money whenever you need.

CIT Bank - They also give 5% div paid monthly.

These are best in market and both FDIC insured.

mari eedu endi itla antaadu risk kinda. Fidelity SPAXX

You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund's sponsor, have no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. The fund will not impose a fee upon the sale of your shares, nor temporarily suspend your ability to sell shares if the fund's weekly liquid assets fall below 30% of its total assets because of market conditions or other factors. Interest rate increases can cause the price of a money market security to decrease. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a money market security to decrease.

[Konebhar6]

30 minutes ago, Deadp0ol2 said:

mari eedu endi itla antaadu risk kinda. Fidelity SPAXX

You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund's sponsor, have no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. The fund will not impose a fee upon the sale of your shares, nor temporarily suspend your ability to sell shares if the fund's weekly liquid assets fall below 30% of its total assets because of market conditions or other factors. Interest rate increases can cause the price of a money market security to decrease. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a money market security to decrease.

Standard language with any fund I guess. I have it since long. Never had any issues. 
 

Given the potential risk, CIT bank may be a better choice.

[calif_123]

Any opinion about wealth front

[Anta Assamey]

41 minutes ago, calif_123 said:

Any opinion about wealth front

Oka 2 days ee thread lo ki evadu raadu...Mottam CBN issue lo busy untaru...

[Vaaaampire]

Tough week for me

[ve_ndor_bad_cows]

unloaded TSLA 

[Tillu143]

Instacart ip0 at $26-$28. Can we buy