Can anyone suggest the best investmets for me to consider for that portion of my portfolio that I want to keep liqued but garner a higher return than what I can get out of Money Market or Treasury funds?I've looked at Reits and Corp bonds, but still have not found the answer.Regards
inxs asks,Can anyone suggest the best investments for me to consider for that portion of my portfolio that I want to keep liqued but garner a higher return than what I can get out of Money Market or Treasury FundsI've been using 2 to 5 year CDs. Go to the www.bankrate.com for the highest yileding FDIC-insured CDs in the nation. A 5-year CD currently yields about 6.90%.intercst
How liquid do you need? A bunch of the Nuveen Exchange Traded Funds are yielding in excess of 7% & these are tax free Muni's. Some symbols are NMO,NMA,NQU,NXQ. Also, they all pay mnothly dividends!! I personally own NUV,NXR, & NMA. These can be bought thru your online discount broker for the regular [Scottrade->$7.00] fee, just like a stock. How about Armstrong World Industries [ACK]? About 10% yield, plus chance of stock appreciation.If you can find a copy of Forbes 4/14/200 issue, they list the top 500 comapnies & what the yields on their stocks are.I've been retired about 2.5 yrs[from the chemical industry] & love the muni tax free income. These will keep you in a low tax bracket.Just my opinions.BL
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