need advice from you awesome PatNetters
invite response
2014 Apr 10, 9:15am 24,517 views 51 comments
« First « Previous Comments 48 - 51 of 51 Search these comments
48
Strategist
2017 Jan 14, 8:47am
Strategist
2017 Jan 14, 8:47am
Ha ha... I went through that when purchasing the current house. The realtor was so pissed when I told her what I was going to spend, and she kept coming back saying "But, you qualify for so much MORE"... Needless to say, she WASN'T the realtor that ended up making the commission when I bought.
Many people have this belief.....If i qualify, i must be able to afford it.
49
AdamCarollaFan
2022 Apr 7, 4:23pm
AdamCarollaFan
2022 Apr 7, 4:23pm
zzyzzx says
too late - had a kid in 2017. but then got snipped a few years ago. one kid, one and done, it's been fun (and stressful), but im dunzo!
Get a vasectomy. It's way cheaper than having any kids.
too late - had a kid in 2017. but then got snipped a few years ago. one kid, one and done, it's been fun (and stressful), but im dunzo!
50
fdhfoiehfeoi
2022 Apr 7, 5:40pm
fdhfoiehfeoi
2022 Apr 7, 5:40pm
AdamCarollaFan says
Adjusted for inflation you're losing money at either of those percentages. If you're truly risk averse you should have a sizeable investment in something that has value even if Federal Reserve debt notes disappear.
it's currently earning 0.75%
Adjusted for inflation you're losing money at either of those percentages. If you're truly risk averse you should have a sizeable investment in something that has value even if Federal Reserve debt notes disappear.
51
mell
2022 Apr 7, 7:23pm
lahossain says
Second that
Whatever you do, i just wanna say I love your username. Oh, the good ol years of Loveline!
Second that
« First « Previous Comments 48 - 51 of 51 Search these comments
the details:
30s, single, no kids, happy renter, good job, no debt, roth ira and 401K maxed every year
i have a large chunk of change that i'd like to do something with. it's currently earning 0.75%. i don't plan on using any of the money any time soon. also, i have a low financial risk tolerance.
my question is - what should i do with the money to maximize earnings?
i'm thinking of putting it in a 60-month CD earning 2.25% - good idea?