US Budget Deficit FIXED With New Treasury Secretary Nominee's 3-3-3 Plan?

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  • Опубліковано 1 гру 2024

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  • @DiamondNestEgg
    @DiamondNestEgg  9 годин тому +4

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    SOURCES & REFERENCED VIDEO:
    US DEBT CRISIS: ua-cam.com/video/uNDUSD5Dbbw/v-deo.html
    www.bea.gov/news/2024/gross-domestic-product-third-quarter-2024-second-estimate-and-corporate-profits
    www.bea.gov/data/personal-consumption-expenditures-price-index
    home.treasury.gov/policy-issues/financing-the-government/interest-rate-statistics
    www.treasurydirect.gov/auctions/upcoming/
    www.fidelity.com/
    >>>>>>>>>>
    Here is the overview for Bond Beginners:
    1. Bond Basics
    What A Bond Is & How A Bond Works
    Why Invest In Bonds
    New Issue vs Secondary Market Bonds
    Interest Rates & Bond Prices
    Current Yield & Yield To Maturity
    Always Remember This!
    Buying At Par, Above Par & Below Par
    Different Types Of Bonds
    Wrap-Up
    2. The Risks Of Bond Investing
    Seven Key Bond Risks
    Credit Risk
    Interest Rate Risk
    Reinvestment Risk/Call Risk
    Inflation Risk
    Liquidity Risk
    Currency Risk & Country Risk
    Bond Risk Mitigation Strategies
    Wrap-Up
    3. US Treasuries Overview
    What Are US Treasuries
    Why Invest In Treasuries
    Where Can You Buy Treasuries
    How Are Treasuries Taxed
    Wrap-Up
    4. Treasury Bills
    What Are Treasury Bills (T-Bills)
    When Do T-Bill Auctions Happen
    Where Should You Buy At Auction
    Auto-Roll When Buying At Auction
    Where To Find Recent Auction Results
    High Rate vs Investment Rate
    Reopening Auctions
    Cash Management Bills (CMBs)
    Buying & Selling On Secondary Market
    Wrap-Up
    5. Treasury Notes & Bonds
    What Are Treasury Notes & Bonds
    When Do Auctions Happen
    Buying Treasury Notes & Bonds
    Auction High Yield vs Interest Rate
    Floating Rate Notes (FRNs)
    Treasury Zeros (STRIPS)
    Wrap-Up
    6. TIPS (Inflation-Protected)
    What Are TIPS
    When Do TIPS Auctions Happen
    Nominal vs Real Yields
    Negative Yields
    How Do You Adjust TIPS For Inflation
    Taxes On Phantom Income
    Secondary Market Liquidity
    Wrap-Up
    7. I-Bonds (Inflation-Protected)
    What Are I-Bonds
    How Does I-Bond Interest Work
    I-Bonds vs TIPS
    The Annual I-Bond Limit
    Wrap-Up
    8. Agency Bonds
    The Universe Of Bonds
    What Are Agency Bonds
    How Are Agency Bonds Taxed
    Treasuries vs Agencies
    Who Might Want To Consider Agencies
    Yield-To-Call & Yield-To-Worst
    Where Can You Buy Agency Bonds
    Wrap-Up
    9. Municipal Bonds
    Our Bond Universe Gets More Complex
    What Are Municipal Bonds
    How Safe Are Munis
    How Are Munis Taxed
    The De Minimis Rule
    Social Security & Medicare Premiums
    Treasuries, Agencies & Munis
    Who Might Want To Consider Munis
    Wrap-Up
    10. Corporate Bonds
    Our Bond Universe Is Complete
    What Are Corporate Bonds
    How Safe Are Corporates
    Corporate Bond Hierarchies
    Five Key Features Of Corporate Bonds
    How Are Corporates Taxed
    Treasuries vs Corporates, Etc.
    Who Might Want To Buy Corporates
    Wrap-Up
    >>>>>>>>>>
    Here is the overview for Bond Masters:
    1. Stocks vs Bonds
    Historical Performance
    Are Bonds Really Less Volatile
    Why Invest In Bonds
    Accumulation vs Decumulation
    Allocation of Stocks vs Bonds
    Wrap-Up
    2. Which Bonds Might Be Right For You
    Treasuries & Other Types of Bonds
    Nominal vs Real Yields
    Inflation vs Non-Inflation-Protected
    Taxable vs Tax-Advantaged Accounts
    Wrap-Up
    3. Bond Ladders & Other Bond Strategies
    Normal vs Inverted Yield Curve
    What Is A Bond Ladder
    5 Important Bond Laddering Questions
    Laddering When Rates Are Rising
    Laddering When Rates Are Falling
    Laddering When Rates Are Uncertain
    What Is A Bullet
    What Is A Barbell
    Wrap-Up
    4. Holding to Maturity vs Selling Early
    Why Hold to Maturity
    When To Sell Early Before Maturity
    Tax Implications Of Selling Early
    Wrap-Up
    5. Individual Bonds, Bond Funds, Etc.
    Why Buy Individual Bonds
    Why Buy Bond Funds
    Bond Fund Considerations
    Key Bond Fund Concepts
    CDs vs Treasuries
    Other High-Yield Investments
    Wrap-Up
    6. Our B.E.S.T. Model Portfolios By Age
    Our B.E.S.T Model Portfolios By Age
    Model Portfolios In The Industry
    B.E.S.T Model Portfolio Difference
    How Much Do You Need To Retire?
    How I Use The Rules of 100, 110, & 120
    B.E.S.T Model Portfolios (20s)
    B.E.S.T Model Portfolios (30s & 40s)
    B.E.S.T Model Portfolios (50s & 60s)
    B.E.S.T Model Portfolios (70s+)
    Wrap-Up
    7. The Decumulation Phase
    What Is The Decumulation Phase?
    Bear Markets & Recessions
    What Can You Do In Bad/Bear Markets
    Decumulation Tax Considerations
    The 4% Rule
    The Bucket Strategy
    The Flooring Approach
    Jen’s Bucket Strategy With A Twist
    Wrap-Up
    >>>>>>>>>>
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    • @MisterDoomMrDoom
      @MisterDoomMrDoom 35 хвилин тому

      Please start mentioning preferred stocks. Many IG banks have the $25 ones still below par and yielding over 5%.
      Thanks Jennifer and go dive in.

  • @stephenschroeder6567
    @stephenschroeder6567 6 годин тому +9

    Being an old, poor person, none of this will make much difference for me, but it is fun to watch, listen, and dream. ;-)

    • @RH-cv1rg
      @RH-cv1rg 4 години тому

      It has a big impact on you. Deficit spending with low growth leads to inflation which hits the poor on fixed income the hardest.

    • @stephenschroeder6567
      @stephenschroeder6567 2 години тому

      @@RH-cv1rg I understand that. I was referring to not having money to place in any of these instruments as apparently many subscribers to this channel do.

  • @rubicon3416
    @rubicon3416 6 годин тому +13

    I'd like to be hopeful, but we are in a deep hole 40 years in the making. There is no magic wand.

  • @macaccount4315
    @macaccount4315 7 годин тому +18

    So glad I locked in CD at 5.25 for 5 years

    • @OroborusFMA
      @OroborusFMA 7 годин тому +1

      That's hela fine.

    • @SicilyJo
      @SicilyJo 7 годин тому

      Wow… and it isn’t a callable CD???

    • @macaccount4315
      @macaccount4315 7 годин тому +1

      @ no this was early in 2024 when rates spiked. I knew I hadn’t see rates like these in decades and felt it was a good decision

    • @goldl3147
      @goldl3147 7 годин тому

      5.25 for 5 years is not bad at all, I hope you live in a low tax state.

    • @macaccount4315
      @macaccount4315 6 годин тому

      @ I live overseas to escape state tax ❤️

  • @AndreaM.-ny9mg
    @AndreaM.-ny9mg 7 годин тому +5

    It's always so great and reassuring to get your perspective in these updates! Thank you for taking the time to make them!!!

  • @cryptog3509
    @cryptog3509 8 годин тому +8

    Loading up on TLT ✌️

    • @KayKay14m
      @KayKay14m 5 годин тому +1

      I'm going to sell some of my TLT that is underwater and replace it with TMF to lower my tax burden for the year. I don't need the rates to drop like a rock immediately, but TLT going back to just 100 will make me happy.

    • @bpb5541
      @bpb5541 3 години тому +1

      i think the long end yields dip but only for a short amount of time and then continue their upward climb. TLT long could be a good short term trade but very short term... long term TLT is a short IMHO. Be careful use stop loss orders to get you out if it goes against you.

  • @ScottScott-b4h
    @ScottScott-b4h 2 години тому

    I find it encouraging that someone is at least formulating some plan to reduce the national deficit. There is always a curious resistance to positive fiscal change...kinda like years ago when I told my (former) wife she had to stop using credit cards and start living within a set budget or we'd go bankrupt. lol

  • @stephenrieger85
    @stephenrieger85 34 хвилини тому

    thank you

  • @NormanSmith-m8f
    @NormanSmith-m8f 22 хвилини тому +1

    Enacting large tariffs on China, Canada and Mexico will increase inflation. Interest rates will likely increase not decrease if these tariffs take effect. Let’s wait and see. Stay short in T-bills until we see what happens after January 20th.

  • @murraypassarieu9115
    @murraypassarieu9115 3 години тому +2

    We’re already pumping so much oil. Another 3 million barrels probably isn’t happening.

  • @gmv0553
    @gmv0553 6 годин тому +5

    3 3 3 plan will never happen!

  • @OroborusFMA
    @OroborusFMA 7 годин тому +3

    It's not a great situation. My dividend stocks and ETFs are at all time highs - I don't want to put more into them with a "correction" looming. But CD and Money Market rates are slipping, slipping. I've got one CD making 5.15% until next July, but the rest of my CDs are maturing in December, February, and rates will probably have fallen more by then.

    • @geoffgordon9569
      @geoffgordon9569 4 години тому

      Same predicament. 3 month CDs have higher interest than 6 month to 1 year ones. Going short until interest rates flip to longer duration CDs.

    • @bpb5541
      @bpb5541 3 години тому

      I think the middle of the belly... 5 / 7 years will be the sweet spot. If you are in there somewhere you should be just fine.

  • @RetrieverTrainingAlone
    @RetrieverTrainingAlone 34 хвилини тому

    Substantial tariffs = increased inflation = higher rates

  • @joweb1320
    @joweb1320 7 годин тому +7

    Guessing any new tariffs will boost inflation.

  • @ActaNonVerba1961
    @ActaNonVerba1961 4 години тому +3

    Love your content but mystified by your reported 1-mo yields when I am buying them at auction every week at around 4.5 yet this is the second show where you are reporting yields at around 4.8. Where are you getting your numbers?

    • @TheGarageisFull
      @TheGarageisFull 4 години тому

      The last time the 4 week was in the 4.8 range was the week of 10-7. 4.834

    • @cookmaster3626
      @cookmaster3626 4 години тому

      same question here. last week i bot 4 wk and 8 wk T-bills. The yield i calculated was around 4.56 and 4.495 region.

  • @TF-lk6co
    @TF-lk6co 2 години тому +2

    The treasury secretary has no power to reduce the deficit. He can make suggestions but that's about it.

  • @danlayman2194
    @danlayman2194 7 годин тому +6

    Appreciate You

  • @bortsampson3356
    @bortsampson3356 4 години тому

    Can you talk about the rates of the 30 and 42 day CMB and maybe how the differ from the normal treasuries? At times I am tracking that the 42 day can have a better trending rate than the normal 4 or 8 week treasury.

    • @TheGarageisFull
      @TheGarageisFull 4 години тому

      Yep.Last week they had a 42 day CMB @4.566 and the same day they had a 41 day CMB @ 4.601

  • @avag.1640
    @avag.1640 2 години тому

    How can or does the BRICS impact the US financially?

  • @rn87mom94
    @rn87mom94 3 години тому

    Could annual bonuses be considered a “tip?”

  • @Nicole-zv7ee
    @Nicole-zv7ee 3 години тому +1

    Jen, if rates continue to go down, please do some deep dives into "alternative" types of investments that will be paying higher yields than bonds.......i.e., "hard money lending", etc.......thank you.

    • @johnhwang339
      @johnhwang339 2 години тому

      Some people go to Las Vegas.

  • @eddenoy321
    @eddenoy321 8 годин тому +5

    First 🤣

  • @DataTranslator
    @DataTranslator 17 хвилин тому

    😂😂😂😂