Buying all of that stuff over the years is now paying off with inflation

Mookie Blaylock wrote:

<div class=”d4p-bbt-quote-title”>Rodwork wrote:</div>
Luck and timing have everything to do with it. Sometimes you win and sometimes you lose. One just needs to learn to be happy with what they have and can hope for something nicer. But that is not a need.

American’s luck is made in China. Take all that loser talk back back to Europe.

There fixed it for you.

Glad the banks are paying people who save money. I just locked in a CD for .6% interest, it’s amazing! I’ll make $60.00 a year I wonder if soon we’ll have to pay the banks to hold our money?

Steven Krapfl wrote:

Glad the banks are paying people who save money. I just locked in a CD for .6% interest, it’s amazing! I’ll make $60.00 a year

Yeah, that sucks, but on the flip side, you can get a 30-yr mortgage for < 3% interest.

Steven Krapfl wrote:

Glad the banks are paying people who save money. I just locked in a CD for .6% interest, it’s amazing! I’ll make $60.00 a year

Why would you do this? Put in in a super safe mutual fund that has been having a 3-4% return

Jake D wrote:

<div class=”d4p-bbt-quote-title”>Steven Krapfl wrote:</div>
Glad the banks are paying people who save money. I just locked in a CD for .6% interest, it’s amazing! I’ll make $60.00 a year

Why would you do this? Put in in a super safe mutual fund that has been having a 3-4% return

I think he was joking. Explain super safe? Is that financial advisor terminology.

No, I am not a financial advisor. Most have a 5-10-20 year track record of how they perform. Look at those and throw it in one that has good returns over 15-20 years. Wont be the highest return, but it wont be a roller coaster