@iced wrote:
@Green456 wrote:
@Anonymous wrote:
AT&T is paying $2.04/share. At $34.48 as of close today you're looking at about 5.9% return.
Not FDIC insured.
T is about as close to FDIC as you can get in the stock market. There's not much growth potential these days with AT&T, but they're not going anywhere and the dividend's been reliable for decades. There's higher dividend stocks out there, but you can certainly do worse than T if dividend income is your goal.
Depends what your goals are. For me and I presume OP, park cash and use it as emergency fund. In which case you look at the money as insurance policy. For $50,000 at 2% high yield savings, I loose about $30 per month after adjusted to inflation and taxes that I have to pay for interest earned. But again I look at it as $30/month fee, an insurance so that if SHTF, I can withdraw money relatively easily. Now if we are talking investment then yeah, stocks work better but you can loose money in the short therm. In terms of investments I prefer to follow boggleheads advice. Invest often, invest into 3 funds and keep the money long term.
