by bg ➕follow (1) 💰tip ignore
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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.
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
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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.