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need advice from you awesome PatNetters


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2014 Apr 10, 9:15am   24,431 views  51 comments

by AdamCarollaFan   ➕follow (0)   💰tip   ignore  

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?

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49   AdamCarollaFan   2022 Apr 7, 4:23pm  

zzyzzx says

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  

AdamCarollaFan says
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

Whatever you do, i just wanna say I love your username. Oh, the good ol years of Loveline!



Second that

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