What is Your Favorite "Safe" Investment : CDs, Online Savings, etc...

Discussion in 'Risk Management' started by zghorner, Sep 13, 2018.

  1. srinir

    srinir

    I closed out my Treasury Direct account couple of years back. Website was clunky, logging in with digital keyboard was hassle for me. It locks out after couple of attempts, then dealing with customer service was nightmare for me.

    Converted Paper bonds to digital, it took forever to show up. I realized if something happen to me, my wife who is computer illiterate won't deal with all the issues. Also if i remember correctly, it won't mail out 1099's. May be things have improved recently, but I won't go back. Rather pay expense ratio with funds or ETF's.
     
    #21     Sep 14, 2018
  2. Robert Morse

    Robert Morse Sponsor

    Same log in. I don’t need to log in often, not a trading account.
     
    #22     Sep 14, 2018
  3. elt894

    elt894

    One risk worth noting is that pnl on the futures leg is settled nightly, but you don't receive pnl on the stock leg until expiry. So if the stock rallies you'll either need to carry a margin loan or partially liquidate.

    During the roll there are often single prints that are much larger than the quoted size. Are these really CLOB trades that anyone can participate in or are they off-market block trades? Do any retail brokers besides IB offer access?
     
    #23     Sep 14, 2018
  4. JSOP

    JSOP

    GIC's
     
    #24     Sep 14, 2018
  5. Farmland
     
    #25     Sep 14, 2018
    tommcginnis likes this.
  6. Wifey likes to put the money in a mattress then put the mattress in the safe deposit box...
     
    #26     Sep 14, 2018
    tommcginnis likes this.
  7. luisHK

    luisHK

    Interesting option as you need a very large safe deposit box. Must feel rich.
     
    #27     Sep 14, 2018
    tommcginnis likes this.
  8. Can't sleep at night though...too hot!

     
    #28     Sep 14, 2018
    tommcginnis likes this.
  9. zghorner

    zghorner

    What makes a GIC more beneficial than a CD?
     
    #29     Sep 14, 2018
  10. NOBL and IWM
     
    #30     Sep 15, 2018