So I only realize how easy it is to do time deposits in your bank. As in you could literally just do it during banking hours, or online during banking hours… It would set aside a portion of your balance with higher interest rate (still crap though, at 1.7% which means it’s something I could only do with money that I’m not allowed to touch or jeopardize in any way). USD has higher interest rate, but I don’t know what Trump is going to do to it.
However I also found I could buy ETF’s through online banking, but with so many of them I’m unsure which one to go for.
Looking for something with decent returns (4-6%) with lower risk.
Actually is “lower risk” even possible with Trump’s wrecking ball tactic? Are US bond ETF even safe?
I’m thinking shipping companies (MSC/Evergreen/Hapag Lloyd/whatever) might not be a bad bet because container prices are trending up due to Trump tariff, and it means they are making good profits.
Well, at the moment, I got “not my money” into a CD, but in TWD, at 1.7%. Right now USD is at 2.5% or so, not a huge difference. I mean I don’t receive USD so I suppose if there’s money I won’t touch unless there’s an emergency, CD it is.
However with “my money”, I’d like something that has better returns than CD’s, and my sister’s husband recommended US treasury bond ETF’s. Is that good?
It’s guaranteed money. I don’t overthink it— with inflation of dollar depreciation and such things. You can keep it rolling over or just take the interest out and pay some bills.
IDK anything about Tbills.
You seem to be a novice investor. I would suggest something broader than say one individual industry when thinking about an ETF. I was very wrong about flat screens many years ago and lost a large enough chunk of money that it made me far more conservative.
Well, I don’t know, because if the entire stock market tanks were all screwed one way or another.
Also CD is only good for keeping inflation from making your money smaller if you intend to keep it untouched for a year or more. It’s effectively zero growth.
I’m not seeing many multi industry etf and a lot of them require accredited investor status to even participate in (meaning you must have a net worth of 30 million nt or more)
This really should play zero part in your financial considerations. It’s a distraction. The US economy is strong, but IDK what kind of ETFs you’re really after.
My gut says, for you, specifically YOU, just go with CDs.
Not exactly, but I did save some and I was hoping for something that’s better than 1 or 2% that CD often offers. The issue with USD is that there’s a loss converting but offshore etf are all done in USD anyways.
Weird thing is all the common S&P etf has really high risk categories, all rr4 or rr5. It means high volatility.
When you said high interest rate you mean in USD right? Most banks I’m still seeing 2.something percent. So if there’s a high yield savings account I wouldn’t know who offers it.
This needs to be defined as to what it means to you before meaningful advice can be given. What risk are you comfortable with?
Savings and income prospects should factor into the answer to the question above. With little savings, I’d focus on a bit of a cash cushion, even if rates are low… but if your risk tolerance is high…
