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View Full Version : Fixed Incomes/Higher Yields

schroedy
02-22-2005, 12:33 AM
OK . . . I have a fair amount of liquid cash (a good deal of it courtesy of some friendly people at Party Poker).

Can I do significantly better than BOA's 2.3% short term CDs and at the same time maintain liquidity?

I would like the base of my investment strategy to be an earn of 8-9% on liquid and riskless "cash" -- but that's just what I would like.
BadBoyBenny
02-22-2005, 09:23 AM
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liquid and riskless "cash"

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I don't know what you mean by riskless cash, but you won't find an 8- 9 % gauranteed return without risk. To find something with that high of a fixed return you should probably look to junk bonds or REIT's
gvibes
02-22-2005, 12:37 PM
[ QUOTE ]
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liquid and riskless "cash"

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I don't know what you mean by riskless cash, but you won't find an 8- 9 % gauranteed return without risk. To find something with that high of a fixed return you should probably look to junk bonds or REIT's

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FYI, junk bonds and REIT's are not very tax efficient investments.