TUSCL Financial Chat
motorhead
Fat, drunk and stupid is no way to go through life
Why is GameStop stock going crazy?
25% today
37% for the week
28% for the month
But minus 34% for the year
25% today
37% for the week
28% for the month
But minus 34% for the year
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9 comments
It sounds like interest rates have probably peaked and speculators are feeling more confident these days?
As for a Roth CD, if you already have a good chunk in a Roth, sure. But you can't contribute if you make more than $144k, and your max contribution is $7k per year. If you had real money and wanted a risk free investment you'd buy 5 year notes yielding 4.5% if you had been smart enough to buy them before this week. No cap, no risk. Well, interest rate risk in the next 5 years, but if you're willing to hold to maturity (as you would expect to do with a 5 year CD, for example) no risk.