On Apr 17, 2011, at 12:38 AM, John Francis wrote: > On Sat, Apr 16, 2011 at 09:23:18PM -0700, Larry Colen wrote: >> >> On Apr 16, 2011, at 9:18 PM, Bob Sullivan wrote: >> >>> John, >>> 0.25% on $100,000 is $250 for a full year. A partial year is less. >>> I stopped worrying about squeezing the last $1,000 out of the checking >>> account >>> so I could earn more interest in the longer term accounts. Just not worth >>> it. >>> Regards, Bob S. >> >> The way I see the division of labor is that John lets his wife handle all of >> the financial details, this frees him up to make the important decisions, >> such as which lenses to buy. >> > > And bodies ... Mind you, it does mean she decides *when* to buy them. > > While we probably don't squeeze the last dollar out of the system, it > certainly isn't difficult to get a whole lot more than 0.25% more than > what you would get from lending the money to the government. And while > that only means an average of $5 per $1000 for each percentage point, > it can still add up to a measurable sum. Not enough for a K-5, but for > the amount of time she actually spends doing it it's a decent return.
It's a good strategy. Like her, I send the government only enough to avoid penalties. Heck, from just December 31 to March 31 of this year, 100,000 invested in easily liquidated mutual funds earns close to $5000. Paul > > -- > PDML Pentax-Discuss Mail List > [email protected] > http://pdml.net/mailman/listinfo/pdml_pdml.net > to UNSUBSCRIBE from the PDML, please visit the link directly above and follow > the directions. -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
