My investment driven buddies tell me with ten year T bills at six, it seems like a good time to take 2/3rds of everything and park it there.
I would not “park” money with the U.S. Government for more that 90 days, if that!!! 6% for ten years might be nice until the democrats tax your investment return at 50%! And I would not be surprised to see that happen. After all, we can’t make money by investing if others have no money to invest!
These buddies of yours... They are all millionaires, right?
Because if they're so smart...
Regards,
You really, really need to head over to Shadowstats Inflation Charts.
Real inflation rates were running in the 8% to 10% range a few months ago and are now higher.
Putting 2/3 of your money into 10 year T-bills at 6% just guarantees that you will lose to inflation.