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Pittsburg, Kansas | 30-90 day CD'S, treasury money market mutual funds, etc. kind of depends on the brokerage. In our Vanguard accounts the settlement fund is interest competitive so some there, some transferred to other funds. We have a couple accounts in Schwab that originally came from Ameritrade that the settlement fund only pays .01%. Nothing. So I make sure that money mostly goes into CD'S but some transferred to money market funds.
I really don't know what to do with it. I have never managed or researched fixed income type money management. It will be a new experience for me. Currently just in a holding pattern till get the taxes paid and see where we settle out net. Two corporations end 2025 on January 31. Sold about a third in both so a lot of ordinary gains that we will pay again should we ever take money out as dividends. Not great tax management on my part, but a nice problem to have just the same. Don't anticipate ever needing the money.
I'm now carrying an amount of cash that would have equaled our entire off farm accounts total 4 years ago (decided we had enough money to retire comfortably 5 years ago and wound the active farming operation up). And still own half or more of our gold and silver in those accounts. Mind boggling.
Someone's going to ask why take the tax hit? Why not just keep the gold and silver positions? Diversification. 99% of people would have said it was crazy to have half of our net worth in gold and silver (with the other half in paid off farmland producing income). With higher prices we are kind of still half and half in that relationship but with a pot load of cash to boot with the sales.
I have known for 15 or more years gold and especially silver could go crazy. I just never counted on it. Just considered it might keep up with inflation (I'm a long time believer that we would again some day see severe inflation). This run up I just consider it an unexpected gift. Kind of like winning the lottery. My ticket paid off. Pretty much dumb luck. I'll take it.
Edit: all paper gold and silver. Started with SIL but transferred to PSLV as soon as it was available and later CEF when it became available. Listened to Eric Sprott fifteen years ago at Silver Summit conference in Kellogg, Idaho. Was impressed enough to utilize his ETF's as soon as they were introduced.
Edited by John Burns 1/22/2026 08:17
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Gold and silver taking a breather?
