Markets continue to be quite volatile although no sign of major panic yet, just a steady grind downwards.
The 10-year treasury is sitting at an attractive 4.23%. Feels so strange to these type of risk free govt bonds at that level. The short term fed funds rate is 3.25% and expected to raise another 75 basis points in the next few weeks. Sitting on a large case percentage feels ok when you can lump it into an ETF like BIL and get a yield somewhat of over 3% and rising. Would prefer to be able to buy stocks but still no super attractive prices.
I have about 39% of my portfolio in cash right now, roughly half in USD earning about 3% and half in EUR earning 0%. No sign of any interest paying accounts in Ireland so far even though ECB are starting to raise rates. Might put some of my Euro into Bitcoin or Gold.
The 10-year treasury is sitting at an attractive 4.23%. Feels so strange to these type of risk free govt bonds at that level. The short term fed funds rate is 3.25% and expected to raise another 75 basis points in the next few weeks. Sitting on a large case percentage feels ok when you can lump it into an ETF like BIL and get a yield somewhat of over 3% and rising. Would prefer to be able to buy stocks but still no super attractive prices.
I have about 39% of my portfolio in cash right now, roughly half in USD earning about 3% and half in EUR earning 0%. No sign of any interest paying accounts in Ireland so far even though ECB are starting to raise rates. Might put some of my Euro into Bitcoin or Gold.