Protecting $100k

MandelbrotSet · Jun 5, 2008

Quote from Moneyball:

I'm pretty sure he was talking about Muni's, not the savings account.

Thanks, yeah, I was.

But it's not my money, so shrug. Just wanted to always remind him of the "rules".

GL whatever you decide to do OP.

invertedCurve · Jun 5, 2008

New Zealand paper you lose a little on the dollar rally but you get 8.60% for short term paper.
http://www.bnz.co.nz/Personal_Solutions/1,1184,1-2-123-3948,00.html

Bob111 · Jun 5, 2008

I'm looking for an ETF, ETN, REIT, fund, or another asset class that will have a higher yield without taking too much more risk. The money has to remain liquid in case it is needed in the business. Where is the best place to stash my working capital with little appetite for risk?

there is no liquidity in munis. not at all. and they all(most of them) traded @ pretty good premiums. so -if you try to exit you may have loss waaay greater than you ever expected.

FAM, ESD, GHI, EDD, HYG, KRE, EHI, MIN, MGF, PHT

as for those..dividends are good,but i wouldn't compare them with CD's.take a good look at the charts.

QHTCapital · Jun 5, 2008

Quote from RAY:

If this is WORKING CAPITAL treat it as such.

Working capital is day-to-day, etc.

working capital = current assets minus current liabilities

Working capital allocated to an interest-bearing vehicle generates income under "Cash Flow from Financing Activities."

Bob111 · Jun 5, 2008

Quote from invertedCurve:

New Zealand paper you lose a little on the dollar rally but you get 8.60% for short term paper.
http://www.bnz.co.nz/Personal_Solutions/1,1184,1-2-123-3948,00.html

i'm almost certain, they not going to open an account for non residents.

even better deal in SA(and they do open accounts for non residents,we did talk about it on ET not so long ago)-

http://www.standardbank.co.za/SBIC/Frontdoor_06_01/0,2378,3447_1107546_0,00.html

fearless9 · Jun 5, 2008

Quote from invertedCurve:

New Zealand paper you lose a little on the dollar rally but you get 8.60% for short term paper.
http://www.bnz.co.nz/Personal_Solutions/1,1184,1-2-123-3948,00.html

Not a good idea now.

The time to enter the kiwi and switch to the aussie passed by some time ago.

regards
f9

Bowgett · Jun 5, 2008

Quote from Bob111:

there is no liquidity in munis. not at all. and they all(most of them) traded @ pretty good premiums. so -if you try to exit you may have loss waaay greater than you ever expected.

as for those..dividends are good,but i wouldn't compare them with CD's.take a good look at the charts.

Did you expect high yield without the risk? :eek:

PS The charts you posted do not reflect real return (reinvestment of dividends)

RAY · Jun 5, 2008

Quote from QHTCapital:

working capital = current assets minus current liabilities

Working capital allocated to an interest-bearing vehicle generates income under "Cash Flow from Financing Activities."

You are forgetting Day-to-Day in your definition.

Sounds like you have general operating cash (probably just cash, like anyone has, but..).

If it were a true working capital ETFs and such would not be liquid enough. How long does it take for you to sell an ETF, get the cash and then transfer and clear that cash to a client?

-either way good luck

invertedCurve · Jun 5, 2008

Quote from Bob111:

i'm almost certain, they not going to open an account for non residents.

even better deal in SA(and they do open accounts for non residents,we did talk about it on ET not so long ago)-

http://www.standardbank.co.za/SBIC/Frontdoor_06_01/0,2378,3447_1107546_0,00.html

I actually have spoken to them about moving some $ over there they will open an account for Americans you just have to fly over there and open it, as far as the Kiwi is concerned the amount of $ you lose in exchange is still better than the 5% the OP is losing out where he is at right now. (3.5% yield) For three months you will not lose that much in exchange.
SA as Iceland is a much riskier bet than an asset which is considered as safe as US Treasuries there are only four UK, Euro and Aussie paper in this category which was specified by the OP.

QHTCapital · Jun 6, 2008

Thank you to all that participated.