Home Forums Hunting & Shooting Hunter's Campfire 2023 stock market

All of them have had a pretty nice week and as of today, 1-5, are holding their gains for the week. They are certainly leading gold which is supposed to be a positive and gold is doing better than equities in the last weeks.

I was effectively betting against the US economy all of last year with my biggest positions in TTT and TBT. Sold or will sell out of those shortly, as I think this year will be less ugly and there will be some buying opportunities.

Originally Posted by FoxTrotter
If you have cash just sitting in a brokerage account you can get 1 month CD's at 4.2-4.35 % and 3 month Treasuries at 4.25.
Longer times pay a little bit more but if interest rates keep rising then its better to keep rolling short term instruments.

These rates were available last week. They change daily and they are down a little this week.
Your local bank won't give you these rates.
The above rates were available at no cost thru both Schwab and Fidelity and probably other brokerages too.
My 2 cents is to do short term now and then longer term once the Fed raises to over 5% plus there should be buying opportunities in stocks later this year so I don't want to be locked in long term at a low rate.

I also retired in 2015 and thats my strategy too. I doubt this year will be much different than last year.

Lost 13.12% of my 403B last year. 30% of that is in a guaranteed 3.2% interest fund. I retired last year, and I will start to draw on the 3.2% fund next month. I guess I have 8-10 years to burn that to zero. I will be eligible for SS next year, so that will add another 2K per month. Stock should come back I guess, so I will re-feed the 3.2% bucket when times are good.
I can't really tell what that allocation will net after taxes. I think no local or state tax, and the bank is withholding 20% fed tax.

Started laddered CD's last Oct. 3 month, 6month, and 9 month.
First one matured on Jan. 6. rolled it over to another 3 month@ 4.25 thru Fidelity.