“I have a Ceres IRA account. I enjoy investing my IRA $ in individual stocks, but right now I want to be out of the stock market completely. As you know, uninvested Ceres money only earns around 3% in their cash account. Is there an equity-type vehicle I can purchase through my Ceres account that acts more like a money market fund and less like a stock? I’m looking for something to purchase through my Ceres account that is very liquid, has low volatility, and offers a virtually guaranteed 5% – 6% return. Then when Money Magazine’s monthly stock prediction improves from its current “down arrow” rating, I’ll start buying normal stocks once again.” — David Matt
Can’t you buy Treasuries through Ceres? Maybe 2-3-year notes? But unless the amount you’re talking about is large, I wouldn’t put too much time into trying to get 2% more (which after tax would amount to even less).
Also, have you looked into REITs (real estate investment trusts)? They’re hardly risk-free; but real estate may be closer to its recent bottom than to some future top, and many of these stocks yield 6% or more. It’s a good area for you to research.
Quote of the Day
On the day of the 1983 economic summit, James A. Baker 3rd, then chief of staff, realized Mr. Reagan had not read his briefing book. When Mr. Baker asked why, Mr. Reagan responded, 'Well, Jim, The Sound of Music was on last night.'~Professor Herbert S. Parmet reviewing President Reagan: The Role of a Lifetime
Request email delivery
- Mar 26:
iPhone Tips And The KGB
- Mar 25:
Of Deficits And That Mechanical Swan
- Mar 22:
Pins And Groats — Be It Ever Thus
- Mar 21:
Demand Your Carbon Dividend
- Mar 20:
Success! Why Do New York’s Mayor And City Council Resist It?
- Mar 19:
The Other Kind Of Bankruptcy
- Mar 18:
- Mar 15:
Pete Buttigieg And John Delaney
- Mar 14:
The Fifth Risk
- Mar 13:
Reader Feedback: How About A Stock Update?
- Mar 26: