Paul, Paul, Paul! Mutual funds go up and mutual funds go down. :-( This money goes into FDIC insured Certificates of Deposit. The return is terrible, but at least the principal is still there. Regards, Bob S.
On Sun, Apr 17, 2011 at 6:31 AM, Paul Stenquist <[email protected]> wrote: > > 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. > -- 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.
