IOUs. They’re just as good as money.

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Apr 5, 2021
4:13:36pm

bruincoug All-American

IOUs. They’re just as good as money.

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bruincoug

Bio page: bruincoug
Joined: Mar 20, 2003
Last login: May 14, 2024
Total posts: 11,325 (494 FO)

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Messages

Author

Time

You have $150K and want to invest it for a year before you need it liquid.

pink22

4/5/21 4:04pm

Bitcoin😎

Nat Gas Man

4/5/21 4:07pm

Get 8% interest with GUSD.

Cougarrr

4/5/21 4:07pm

Do you have a historical rate of return on that? I can't find anything showing

KingDave

4/5/21 4:13pm

Blockfi is a "bank" paying you interest. GUSD is purposefully tied to the dollar

JuicyJam

4/5/21 4:15pm

The fact that they say nothing of the risk involved has me leery. BlockFi claims

4/5/21 4:24pm

Thanks for finding that.

Cougarrr

4/5/21 4:26pm

I want to find out the likelihood of that happening.

Cougarrr

4/5/21 4:56pm

So do I. It’s a cool concept I just think there is much more risk involved than

4/5/21 6:04pm

If you for sure need all $150k in 1 year then unfortunately probably just do

Gente_Boa

4/5/21 4:09pm

Certificates of deposit.

HenderCoug

4/5/21 4:10pm

IOUs. They’re just as good as money.

bruincoug

4/5/21 4:13pm

RE: IOUs. They’re just as good as money.

Dark Forest Green

1/22/23 6:03pm

ATT. 7% dividend and will stay at $29-$30 forever.

Dr MoBYU

4/5/21 4:17pm

My dividend checks appreciate your patronage

Nat Gas Man

4/5/21 4:21pm

That or Altria. Tobacco stocks pay 7-8% and ain’t going anywhere

hansel

4/5/21 4:31pm

Even w/the DirectTV writeoff?

4/5/21 4:52pm

Lol what? They go up and down 10-20% all the time. Look at their 10yr chart.

valleus

4/5/21 5:03pm

Is your mortgage paid off?

CosmoK

4/5/21 4:25pm

Yes

pink22

4/5/21 4:26pm

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