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need advice from you awesome PatNetters
invite response
2014 Apr 10, 9:15am 24,434 views 51 comments
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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
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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?