patrick.net
An Antidote to Corporate Media
1,265,236 comments by 15,127 users - desertguy, DOGEWontAmountToShit, Misc online now
Personal finance suggestions
invite response
2012 Jun 16, 1:06am 20,465 views 45 comments
by bg ➕follow (1) 💰tip ignore
« First « Previous Comments 43 - 45 of 45 Search these comments
ttsmyf
2013 Jan 21, 9:11am
bg,
You wrote
I need to know what to do with the cash I am saving. I am not sure how to proceed.
Barclays (888)710-8756 has online savings account, 1%/yr, no minimum, FDIC insured, details convenient. Best safe choice I know of now.
As I believe: bond prices now, and stock prices now, are artificially plenty HIGH, due to Fed manipulating markets -- I avoid such.
MsBennet
2013 Jan 21, 1:30pm
Barclays (888)710-8756 has online savings account, 1%/yr, no minimum, FDIC insured, details convenient. Best safe choice I know of now.
If you are putting money in a 1%/yr account, you are losing money to inflation.
ttsmyf
2013 Jan 22, 10:52am
bg,
To hopefully aid your understanding of my figuring of indicated overpricings, please see section "Bubbles relative to GDP" near the bottom of
http://www.showrealhist.com/RD_RJShomes_PSav.html
« First « Previous Comments 43 - 45 of 45 Search these comments
I am needing some suggestions about how to educate myself to be a better investor. I have read a lot of basic stuff on personal finance. I am needing to take some next steps and an not feeling confident on what to do.
I am a good saver. I have minimal debt (student loan at very low interest). I need to know what to do with the cash I am saving. I am not sure how to proceed.
It has been a while, but I have read The Millionaire Next Door, a book about paying yourself first, lots of Suze Orman, I have found them to be useful in organizing files, setting up allotments to retirement and savings, making a trust, setting up life insurance, etc., but less useful in helping me figure out how to invest. THey were more helpful to me in solidifying things I already suspected. Namely, stay out of debt and save money.
I have tried reading this forum, but my experience of it is that it is more of an economics forum than an investing forum. That may be due to my lack of experience in translating economic phenomenon into specific investments.
Any suggestions appreciated.