SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (10022)6/11/2023 5:11:48 PM
From: Rarebird  Read Replies (1) | Respond to of 10065
 
I have another 6 month T-Bill maturing shortly either this week sometime or definitely next week. I will reinvest 1/2 of that in 6 month T-bills and use the other half for my swing trading.

These high T-Bill rates are a boon to the top ten percent, especially the top 5 percent while the poor and lower middle income don't have savings to take advantage of this. Those on the lower end of the spectrum are being hurt the most by inflation.



To: Investor2 who wrote (10022)6/11/2023 5:52:37 PM
From: Rarebird1 Recommendation

Recommended By
Investor2

  Respond to of 10065
 
I placed 72% of my portfolio in 6 month T-bills in November/December 2022 because I was undergoing chemotherapy on my lower lip and did not think I could perform my swing trading properly. That is in the process of being unwound since May and my portfolio has benefited immensely from this as more $$$ has gone into equities long/short.

In retrospect, this was a good idea as it took quite a while to restore my health and strength as numerous complications arose dragging out the recuperation process.

I'm fine now.