Anyone moving money to bonds ?

[Mountaintown Creek Ranch]

With the collapse of SVB and now another bank going down is anyone moving to bonds ??

 

[Caustic Burno]

We have the largest credit card debt in history along with loan defaults are going up.
This free lending is going to come home to roost.
To answer your question I have moved move heavily to bonds and mutual funds.

 

[jltrent]

We have the largest credit card debt in history along with loan defaults are going up.
This free lending is going to come home to roost.
To answer your question I have moved move heavily to bonds and mutual funds.

Interest rates at the banks are not bad. If the bank is FDIC insured, the money should be as safe as our Government.

 

[DNelson]

yes, maxing I bonds, then short term T bills.

 

[faster horses]

We haven't, but our good friend who is a retired banker, has.

 

[Travlr]

I've been in cash for a long time because a downturn is inevitable. The market is way higher than can be justified. But I gotta say... it's amazing how the economists have kept the market stable for so long. Smart people. Still looking for the bubble to burst sooner rather than later. By the end of the week we should know if this is it.

 

[greybeard]

Moved some more to Energy. Ain't nobody gonna stop driving or stop using gas and electricity.

 

[faster horses]

I've been in cash for a long time because a downturn is inevitable. The market is way higher than can be justified. But I gotta say... it's amazing how the economists have kept the market stable for so long. Smart people. Still looking for the bubble to burst sooner rather than later. By the end of the week we should know if this is it.

YIKES!
Dow was up 315 earlier today, now 143.
Kinda like winter fighting with spring.

 

[DNelson]

We haven't, but our good friend who is a retired banker, has.

That says a lot right there.

 

[Son of Butch]

That says he's old, conservative with money and with a man on 3rd, sees no reason to swing for the fences.

 

[Son of Butch]

I bought 10k of i bonds last year that paid 7.12% until November 1st then rate was adjusted down to 6.89%
In January I bought 2k @ 6.89% and plan to wait and see May 1st adjustment before deciding whether to buy another 8k this year.
I bond rates adjust every 6 months.

 

[Dave]

Just looked at the futures board for but fat cattle and feeder cattle. The entire board is red. How long will the traders run for cover is the question.

 

[DNelson]

That says he's old, conservative with money and with a man on 3rd, sees no reason to swing for the fences.

and smart. no reason to go down with the ship when there is room in the lifeboat.

 

[DNelson]

I bought 10k of i bonds last year that paid 7.12% until November 1st then rate was adjusted down to 6.89%
In January I bought 2k @ 6.89% and plan to wait and see May 1st adjustment before deciding whether to buy another 8k this year.
I bond rates adjust every 6 months.

when bonds start to go south the Dow , etc. should be heading north so bonds can be cashed and move to some ETF's of dividend stocks.

 

[DNelson]

Just looked at the futures board for but fat cattle and feeder cattle. The entire board is red. How long will the traders run for cover is the question.

was watching the local live auction this morning and 100 to 120 pound black calves were going for $275 to $300 + per head!

 

[Travlr]

I bought 10k of i bonds last year that paid 7.12% until November 1st then rate was adjusted down to 6.89%
In January I bought 2k @ 6.89% and plan to wait and see May 1st adjustment before deciding whether to buy another 8k this year.
I bond rates adjust every 6 months.

I don't get the decrease in rate. I was led to believe that the I-bond rates would follow interest rate trends, so higher rates as interest rates increase. But instead... the rate goes down?

 

[TCRanch]

We have been primarily bonds for years. This collapse was bound to happen.

 

[hurleyjd]

I don't get the decrease in rate. I was led to believe that the I-bond rates would follow interest rate trends, so higher rates as interest rates increase. But instead... the rate goes down?

I bonds pay the rate of inflation.

 

[Son of Butch]

I don't get the decrease in rate. I was led to believe that the I-bond rates would follow interest rate trends, so higher rates as interest rates increase. But instead... the rate goes down?

interest rate and inflation rate (weighted to inflation) = adjustment twice per year May 1st and November 1st

 

[beefgirl]

was watching the local live auction this morning and 100 to 120 pound black calves were going for $275 to $300 + per head!

Colored calves are bringing almost $4/pound here in se mn. Even the holsteins are bringing $2.00