Cash gang

[Anonymous No.53840816]

Who here /cash gang/?

[Anonymous No.53840832]

>>53840816
>rate of inflation: 30%

[Anonymous No.53840834]

Present!

[Anonymous No.53840848]

>>53840832
No. I mean... not yet.

[Anonymous No.53840856]

Anyone with an IQ above 100

[Anonymous No.53840876]

>>53840848
Getting -25% is better than getting -30%, so I can't really say that it's a bad move, it's just that I get triggered each time I see bonds shilled.
I hope the ramp up that rate to 7-8% soon.

[Anonymous No.53840878]

Kinda sorta, I parked everything in to a 5% APY CD

[Anonymous No.53840931]

>>53840816
You guys do realise when you buy t-bills and rates go up, the value of the t-bill goes down, right? You're still losing money, mark-to-market. Biz has the IQ of a grapefruit.

[Anonymous No.53840993]

>>53840931
better to leave it at my bank? got it

[Anonymous No.53841179]

>>53840816
>burned by "it's the new normal" kekdemic stocks
>burned by meme stocks
>burned by tech stocks
>burned by crypto
>that's it! I'm putting my hard earned cash into fucking 6months treasury bills
>Owl-headed Yellen hootin' and hollerin' about how they can push out the drop-dead date from the original June estimate to around August
>it causes the US government to defaults on literally the exact same bond tranche that you bought
mfw

[Anonymous No.53841213]

>>53841179
Congress will raise the debt ceiling and then everything will be fine.

[Anonymous No.53841215]

>>53841179
i'm a retard, when it defaults does it mean those bonds are no longer worth anything and you just take the loss?

[Anonymous No.53841239]

>>53840816
>1 year ago
>if the fed raises to 5% the US will default

>1 year ago
>LINK will moon when staking is released

>1 year ago
>crypto will be banned

I've learned all of you are fucking retards and to do the opposite of what I see here.

[Anonymous No.53841362]

>>53840816
>cash gang
>posts screenshot of a scam smart contract

[Anonymous No.53841406]

>>53841362
You can take a short position.

[Anonymous No.53841482]

>>53840832
Where's the guaranteed 30% gain?

[Anonymous No.53841492]

>>53841215
The conventional assumption is that the bondholders would be paid in full after the government is able to pay out the amount owed.
The question is what would would that money be worth after a default.

[Anonymous No.53841503]

>>53840878
i'd do the same, but i have a structured settlement and i need cash now. still, my house down payment account gets 2.7% apy so my credit union is paying me like $70/month without penalty

[Anonymous No.53841581]

>>53841406
I am: cash

[Anonymous No.53841649]

>>53841215
Kek the govt isn’t just gonna default on its debt. We would need to rewrite every finance text book ever

[Anonymous No.53841655]

>>53840816
I was but I'm slowly buying back in. Some of my alts dipped a lot so I'm getting 30-50% bigger stacks than I had when I sold. Not gonna try to time the perfect bottom

[Anonymous No.53841673]

>>53841492
>the government will default. they just will ok

[Anonymous No.53841683]

>>53841581
The word "cash" is commonly used in finance to refer to very short-term bonds in addition to bank deposits and banknotes. Your investment is an especially based type of cash.

[Anonymous No.53841690]

>>53841492
>>53841649
oh ok now i see what it meant

[Anonymous No.53841739]

>6% MoM inflation
>40% supply inflation since covid
>5% APY
>CASH GANG HUURRRR

[Anonymous No.53841796]

>>53841739
I bonds -- inflation-matching US savings bonds -- are a type of cash investment.

[Anonymous No.53841816]

>>53841739
While 5% is below inflation, it’s the best traditionally safe investment out there. Hell the spy is -7% from a year ago. Bonds are unironically kino right now. Or you could invest in F3 uranium Ticker:FUUF for 300% returns instead

[Anonymous No.53841863]

>>53841673
it's a hypothetical, personally I see zero chance that a handful of retards would be allowed to cripple the system with some silly fucking votes

[Anonymous No.53841880]

>>53841796
Problem is CPI doesn't keep up with actual inflation. Money supply increase 6-8%/year during the decade before covid, but CPI was manipulated under 2%. At best you get 0%, in reality you will lose value over time because of shrinkflation, quality adjustments, and your share of the pie diluted even if you keep up with CPI.

[Anonymous No.53841926]

>>53841816
>Hell the spy is -7% from a year ago.
which means its a better investment now, retard. Lower price = better. Its same with bonds. Yield is inverse of price. Bonds dropped a lot from a year ago too. Long term treasures dropped more than stocks. 5% when inflation is 6% is garbage, stocks already dropped too and will have higher returns plus they are more resilient to long term inflation rather than spikes that are perceived to be transitory.

[Anonymous No.53841999]

>>53841880
This is a good point. There is a lot of debate about how well CPI matches reality.

[Anonymous No.53842026]

>>53841880
Better than keeping it in the bank, and better than having it in an index for the last year and a half. Those series I bonds have been at 5.8-7% for as long as the market's been crabbing. Only issue as far as I'm concerned is you're only able to put in $15k a year.

[Anonymous No.53842049]

140k all cash CDs and bonds rn only a small amount in my vanguard 401k

[Anonymous No.53842167]

>>53842026
>Better than keeping it in the bank
lol ok, better than keeping it under your bed or burning it. that doesn't make it good.

>better than having it in an index for the last year and a half.
because they are volatile, you're just saying if you time the market you can buy low, sell high. If you think stocks are going lower then you would hold cash or short term bonds regardless of the rate. Like the end of 2021 was the best time to hold cash but rates were near 0%. 5% yield means nothing, its about acquiring more assets through trading. This doesn't change whether rates are 0% or 5% or 20% or 100%, if rates are just trailing even higher inflation its all a numbers game to psy op you into holding dollars during massive inflation and when you are guaranteed to lose money.

[Anonymous No.53842197]

>>53840816
i can get 5.1% risk free money pa?!

WOW

[Anonymous No.53842849]

>they care about macro economics trends when trading

This board is confirmed full of midwits. Unless you're a macro trader, this is irrelevant. If you were to go to wall street and start talking about inflation to any PE or hedge fund analysts they would laugh you out of the room. Literally no one gives a shit about it. Fundamentals is all that matters. Here is a LE BASED and redpilled e-celeb that you faggots like that says the same exact thing about macro trading. https://youtu.be/33O3dNxH8AE?t=404 since you faggots are unable to think outside of memes.

[Anonymous No.53844353]

>>53842197
Yeah. It was around zero not too long ago.

[Anonymous No.53844556]

>>53840816

I’m in the 35% income bracket and also have 6% state tax so I get fucked hard, basically I pay 41% tax on any additional money I make. So a 5% bond is only 3% after taxes

[Anonymous No.53844579]

>>53840816
Why should I buy a 6 month t bill when I can just keep rolling 4 & 8 weekers for basically the same APY and be liquid enough to buy the crash?

[Anonymous No.53844651]

>>53844556
Income from Treasury securities and savings bonds is free from state and local taxes. But still, maybe a municipal bond fund is better for you?

[Anonymous No.53844941]

>>53844579
Depends what you thing rates will do. Both are liquid, you can sell a treasury early, it will just might be a loss - but could also be a gain. Longer term is more sensitive to rates and risky. So if you want to bet on a disinflation and recession, to get capital appreciation on top of buying the crash, then buy long term. But you'll get fucked hard if inflation rises and there isn't a recession. Buy short term if you want to be closer to cash and buy a crash whether its from a recession or more inflation.

[Anonymous No.53846767]

>>53844579

When rates crater due to the inevitable crash and recession, you can sell your long term bonds for big $

[Anonymous No.53847198]

>>53842197
>risk free
What happens when the U.S. defaults and changes the rules like in 1933 and 1971?

I'd rather just hold Bitcoin because I understand it.

[Anonymous No.53847215]

>>53841503
>i have a structured settlement and i need cash now
CALL JG WENTWORTH
877 CASH NOW!

[Anonymous No.53848030]

>>53840816
OOOOOOOOOOOOOOOOO YIELDBROS IM COOOOOOOOOOOMPOUNDING!!!

[Anonymous No.53848042]

>>53840931
doesn't matter on short duration, 6 months still very close to cash and prob held to maturity anyway

[Anonymous No.53848062]

>>53840816
>its guaranteed that 30 year bonds are going to eventually hit or surpass this 5%
>if rates keep getting hiked we might hit 30 year bonds at 7% or more
bros