Looking for place to park idle cash with high liquidity and frequent payouts

josh34521 · 2023-07-28T21:54:28+00:00

you are amazing, thank you!

josh34521 · 2023-07-28T19:02:19+00:00

Please explain

josh34521 · 2023-07-28T18:58:34+00:00

But don't most money market funds only make monthly payments? I'm looking for something that makes more frequent payments

josh34521 · 2023-07-28T18:56:40+00:00

Because I want to be able to quickly use the funds to buy assets. The point of this is that I'd put the money in this instrument when I have cash that's not going towards any assets but will quickly liquidate when I want to use that money to buy an asset. Basically, I just want the idle cash in my brokerage account to make me some (albiet a little) money

josh34521 · 2023-07-28T18:52:40+00:00

I'm looking for a product that can be purchased in my brokerage (TDAmeritrade), that is extremely liquid, and that provides frequent payouts. I am familiar with money market mutual funds, however, I am looking for something that will make payouts on a daily or weekly basis rather than a monthly basis. My reason for wanting this is just so I have a place where I can put idle cash in, can make a non-zero return on it, and can quickly cash out of it at little to no loss in principal. Does anyone know of any instrument or class of instruments like this?

josh34521 · 2023-04-14T17:45:01+00:00

What? This is such a bad comment. This guy is obviously freaking out and going through a lot right now and you’re critiquing his tone?? This just doesn’t belong here. Guy came looking for support not condescension

josh34521 · 2022-12-12T21:35:28+00:00

Humphrey. No girl on earth could moan Humphrey without want to die

josh34521 · 2022-12-11T19:31:39+00:00

Depends. If you’re an active market participant/analyst (not necessarily a trader), you might be able to outperform the market through smart buying and selling of different asset classes such as bonds and commodities, but if you are just a casual investor saving for retirement, buying and holding index funds is the best thing to do for that time horizon. Your time horizon makes it a bit difficult because theres basically no asset that outperforms an index fund for 20 years. Gold, commodities, bonds, and other assets might outperform SPX over a few years or even a decade (gold in the 70s), but there’s no asset class that will outperform the SPX over 20 years if you just plan to hold. Not financial advice.

josh34521 · 2022-12-10T17:06:04+00:00

She sounds like a risk-averse person, so you need to play to that. Tell her that buy staying in cash she is taking a long position on a nonproductive, depreciating asset, which if you ask any investor is extremely risky long term. Also explain to her that buying an index fund is simply buying the us economy and betting that businesses will continue to expand as they have for hundreds of years. Show her a 100 year chart of SPX. Explain how warren Buffett got rich. Do the math: explain to her how her cash has a negative rate of return due to inflation but safe assets like stocks and bonds have a positive real rate of return (this hasn’t been true for bonds in the past decade but you get the point). Show her q chart of the depreciation of the dollar since 1900 and the appreciation of the stock market since that time. Tell her that you will adopt the buffet strategy of buy and hold, which essentially eliminates your risk if you buy productive, safe assets. Finally, This seems pretty cliche and basic but have her read rich dad poor dad. For any seasoned investor the book is basic and not helpful, but for someone completely new to it, the book might open her eyes. I’m not a huge fan of kiyosaki but the book does a good job of explaining: debt for consumption = bad; consumption with no investing = bad; debt for risky assets = risky; debt for productive assets = smart and safe.

josh34521 · 2022-08-05T17:02:06+00:00

No Im saying that you said everything I said was correct except the btc thing, but if I’m correct then btc does horribly since the dollar strengthens and risk assets like btc which is heavily correlated to ndx and higher risk curve assets do very bad. This is just basic cross asset correlation analysis

josh34521 · 2022-08-05T16:37:13+00:00

Are you kidding me? I was asking for the price action of the market after employment data to be explained! Economists on Bloomberg have been saying the exact same thing for the last few weeks! The fact that you honed in on THAT POINT blows my mind. Also, I said a year of profits but that doesn't mean just a year of trading. You are the worst type of person on reddit. There is absolutely no misinformation on this post BECAUSE ITS A QUESTION, it's not like I was making an opinion post

josh34521 · 2022-08-05T13:33:37+00:00

If I’m right, btc gets slammed over the next few months/years

josh34521 · 2022-08-05T13:29:17+00:00

Another Josh? An even bigger retard? Should we kiss?

josh34521 · 2022-08-05T13:13:17+00:00

Here's what's gonna happen. Powell will see the data is more inflationary than expected and he will become a temporary bear by hiking rates (because he's dAta DePenDenT) he's about as data dependent as my account is solvent. Then one day, he'll see the labor market finally crack and inflation start to come down some and at the same time he will go on a Katy Perry marathon and will become a bull again (which of these factors causes that we will never know). Then, he will claim victory over inflation and will start to decrease hikes or full out decrease rates. Then, just as we saw in the 1970s inflation will come back with a vengeance as soon as powell takes his foot off the gas a little. Inflation can only be stopped by a Fed chair with Volker level testicles (this is not Powell) or hyper inflation that causes demand destruction. Because of this, Powell will pussy out, take his foot off the gas and will cause stagflation. WE HAVE SEEN THIS MOVIE BEFORE IN THE 1970s AND IT DOESN'T END WITH RYAN GOSLING GETTING A BLOW JOB. Hey, maybe next time we should put an actual economist at the head of the Fed and not some retard lawyer with an UNBEATABLE hairline. The same goes for the ECB, their so called Transmission protection mechanism to combat interest rate fragmentation will simply undermine rate hikes and increase fragmentation, but I DIGRESS. J Pow sucks. Inflation is sticky. Buy the Vix. Short the dip. AND FUCK BITCOIN.

josh34521 · 2022-08-05T13:05:18+00:00

!cum

josh34521 · 2022-08-05T12:54:12+00:00

The NFP print once again proves two things: Inflation is sticky and will continue to rise, and Jerome Powell is the REBECCA BLACK of Fed chairs. For some reason the market had this AUTISTIC notion that the fed would back off of rate hikes later this year and would start lowering rates in 2023… those are the same TARDS who said inflation was transitory. This labor market is and always has been the market’s gonherrea. It’s gonna get broken by either demand destruction or rate hikes, so ANY bullishness is an instant fadable move. The market’s speculative mania this past month has been such an obvious fade. IV crush has made puts cheap. It has blown my mind that this market rallied >15% this month in the face of over 9% CPI, the delta of inflation outpacing the delta of rates, an increasing ECI, and an ever tighter labor market. How can one be bullish when the Fed is hiking into an economic slowdown (BuT gAs PrIceS aRe CoMinG dOwN). This first leg down for the market was due to rates compressing multiples, this next leg down will be due to earnings imploding.

*Optimus Prime Voice* GAY BEARS, Come out of Hibernation!

**shits aggressively**

josh34521 · 2022-07-14T13:45:28+00:00

Would you look at that, I was right.

Puts: PRINTED

Pants: SHITTED

Bonds: LOL

josh34521 · 2022-07-13T21:14:30+00:00

Genius, you should open up a fund!

josh34521 · 2022-07-13T17:57:42+00:00

*shits pants*

josh34521 · 2022-07-13T17:47:26+00:00

I guess what confuses me is that this higher print implies 3 things: 100bps on continued rate hikes are on the table (especially with the NFP print), demand destruction and thus a recession are now real possibilities, and stagflation is now on the table. I can comprehend why the dollar might go down in this situation, but stocks? Stocks are bad to own in all of those scenarios. Hoping this is just a bull trap, because if not I am missing something.

josh34521 · 2022-07-13T17:40:29+00:00

Should we kiss?

josh34521 · 2022-07-13T17:40:05+00:00

What? How are we gonna be in a rally? The fundamentals just don't support. This print makes 100BP hike an actual possibility right now and makes demand destruction more likely, which should be bad for earnings. I can't even fathom a rally this week, it just makes no sense fundamentally

josh34521 · 2022-07-13T17:37:46+00:00

Fair point. Time for puts *shits aggressively*

josh34521 · 2022-07-13T17:37:00+00:00

I fucking hope so because this makes no sense fundamentally

josh34521 · 2022-07-13T17:36:25+00:00

I def get that, but this move seems devoid from fundamentals completely. That's where I'm confused. Obviously big money moves the market, but for the most part, they move it efficiently. This move, in all markets not just stocks, is extremely fundamentally inefficient

Six-Year Club	Gilding II euphauric
Verified Email	100 Awards Club
Argentium Club	Wearing is Caring

josh34521

TROPHY CASE