phil-osepher
Join Date: Aug 2005
Location: El Mundo
Posts: 3,699
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rates are dropping...
anyone watching the market this morning? 10 year treasuries are down 3 basis points, I think this is the beginning of the end for those who were using CD's as short term investment opportunities, and getting a nice high yield of 5.30% or more....
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phil-osepher
Join Date: Aug 2005
Location: El Mundo
Posts: 3,699
guess nobody cares lol
working in finance, this was big for us today lmao
"well Mr Jones, you certainly could roll your CD over into a 9 month promo, but once you take into account capital gains and inflation you are barely breaking even.... not to mention 9 months from now these yields won't even be available..."
lol
working in finance, this was big for us today lmao
"well Mr Jones, you certainly could roll your CD over into a 9 month promo, but once you take into account capital gains and inflation you are barely breaking even.... not to mention 9 months from now these yields won't even be available..."
lol
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Join Date: Jun 2005
Posts: 9,350
you realize this also means billions of dollars just dropped of the national debt too......
of course no one really cares except the politicians
who really only care because they can spout crap out of their pie-hole about it.
of course no one really cares except the politicians
who really only care because they can spout crap out of their pie-hole about it.
Ask the Chief
Join Date: Jun 2005
Location: Right here.
Posts: 10,687
sure wish i understood finances better (ie, stock market, investing, house buying, ect)....
don't understand much of it. probably NOT a very good thing...
don't understand much of it. probably NOT a very good thing...
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phil-osepher
Join Date: Aug 2005
Location: El Mundo
Posts: 3,699
Quote:
Originally Posted by R1Budha
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you realize this also means billions of dollars just dropped of the national debt too......
of course no one really cares except the politicians
who really only care because they can spout crap out of their pie-hole about it.
of course no one really cares except the politicians
who really only care because they can spout crap out of their pie-hole about it.
they only care when it is convenient for their party line.....fucking politicians "Hi, I'm <insert asshole> and i approved this message"
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
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phil-osepher
Join Date: Aug 2005
Location: El Mundo
Posts: 3,699
Quote:
Originally Posted by firehawk
View Post
sure wish i understood finances better (ie, stock market, investing, house buying, ect)....
don't understand much of it. probably NOT a very good thing...
don't understand much of it. probably NOT a very good thing...
as long as you are doing something for your retirement (IRA, ROTH IRA, 401K), you need not worry...
you dont want to be that 70 year old standing in the door saying "welcome to walmart"
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Join Date: Jun 2005
Posts: 4,343
Mark,
I'm with you I've been trying to learn this year from my dad as he's always done pretty well but I just get more confused...
I'm with you I've been trying to learn this year from my dad as he's always done pretty well but I just get more confused...
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