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Save it; trade/invest it.
I would rather collect some brokers/bank interest[ not much LOL]; than pay it on IBRK credit card. Looked a 7% yield today,on an dividend ETF, but not a good trender, so back to my first line.
What do you do with your excess cash?
- Thread starter Aisone
- Start date
Save it; trade/invest it.
I would rather collect some brokers/bank interest[ not much LOL]; than pay it on IBRK credit card. Looked a 7% yield today,on an dividend ETF, but not a good trender, so back to my first line.
Ever since the Man Financial and PFG-Best debacles ( I've had clients get caught in both ), I've advised clients to keep their futures accounts on the minimalist side. These crises were not that long ago - and the strife and misery and anxiety it caused some of my clients left a very deep and indelible impression on me. I have a number of clients who keep multiple FCM accounts as partial insurance against Firm malfeasance.
Point being, you can always wire funds within an hour's time. There was a point in time where I personally kept a T-Bill in my futures account, but I think that practice is no longer in vogue.
Point being, you can always wire funds within an hour's time. There was a point in time where I personally kept a T-Bill in my futures account, but I think that practice is no longer in vogue.
I invest it with women
Do you mean from a free cash flow or depreciation perspective?
Notice he said "invest it WITH women" not "invest it IN women". Big difference.
Bad women are not to be invested in. Good women don't need to be invested in.
If you are not using it to increase your trading position, I would put it in the 2 safest investment vehicles: GIC's or T-Bills.
