On Apr 17, 2011, at 7:46 AM, Bob Sullivan wrote: > Paul, Paul, Paul! > Mutual funds go up and mutual funds go down. :-(
Yes, but it's not all that hard to predict when they'll go up. And balance can be achieved. There are money market funds and bond funds in addition to stock funds. CDs are paying less than 1% interest. Not much better than under the pillow. Paul > 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. -- 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.
