Current Events > Is it smart to leave $100,000 in a savings account with .01% interest?

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REMercsChamp 05/25/20 9:02:18 AM #1:	What are you supposed to do with it? Don't say buy property because you can't even get a 1 bedroom with that down payment here --- #StayInsideUntilWeGetAVaccine Come check out my community board for NEET discussions: https://gamefaqs.gamespot.com/boards/1467-neet-discussions <cite>REMercsChamp posted [p:939676724] in Is it smar... [t:78717828]...</cite> <quote>What are you supposed to do with it? Don't say buy property because you can't even get a 1 bedroom with that down payment here </quote> ... Copied to Clipboard!
ChuckSDeuces 05/25/20 9:03:17 AM #2:	Invest in drugs --- Engaging with NPCs is conceptually identical to talking back to the television. <cite>ChuckSDeuces posted [p:939676742] in Is it smar... [t:78717828]...</cite> <quote>Invest in drugs </quote> ... Copied to Clipboard!
J03can 05/25/20 9:03:36 AM #3:	Talk to people, look at message boards, etc. You should be able to safely get like 4% at least --- Jerry, it's Frank Costanza!!! Mr Steinbrenner's here George is dead - call me back!!!! <cite>J03can posted [p:939676750] in Is it smar... [t:78717828]...</cite> <quote>Talk to people, look at message boards, etc. You should be able to safely get like 4% at least </quote> ... Copied to Clipboard!
Austin_Era_II 05/25/20 9:07:25 AM #4:	Buy property outside of the GTA. Cottage country (Muskoka) you can get a 2 or 3 bedroom house or townhouse for $250-350K which is in decent shape. Don't buy directly in town and you won't have to pay for water. Rent said house for $1200-1500 plus utilities as that's the going rate up here. People will rent from you easily long as you're not too far away from the town. Or do AirBnB. --- Currently gaming: Metal Gear Solid V MCMLXXXV <cite>Austin_Era_II posted [p:939676840] in Is it smar... [t:78717828]...</cite> <quote>Buy property outside of the GTA. Cottage country (Muskoka) you can get a 2 or 3 bedroom house or townhouse for $250-350K which is in decent shape. Don't buy directly in town and you won't have to pay for water. Rent said house for $1200-1500 plus utilities as that's the going rate up here. People will rent from you easily long as you're not too far away from the town. Or do AirBnB. </quote> ... Copied to Clipboard!
Awesome 05/25/20 9:33:47 AM #5:	No you put it in a high yield interest account like marcus or amex <cite>Awesome posted [p:939677542] in Is it smar... [t:78717828]...</cite> <quote>No you put it in a high yield interest account like marcus or amex </quote> ... Copied to Clipboard!
HeWhoHasNoShadow 05/25/20 10:42:35 AM #6:	Not very smart, since that money can be earning you interest/dividends (i.e. free money for doing nothing). You should always keep a little money in the bank, as an emergency fund, but that's probably too much. With that kind of money, I'm assuming you're already maxing out your tax-advantaged accounts (i.e. Roth IRA, 401k, etc.). If not, do that first. The very least you could do is put it in a high yield savings account, per the above post. I personally use Ally. Banks have been cutting their interest rates these days, so you won't get much out of this, but it's better than nothing. You could also look at opening a CD account with your bank, to earn a little extra interest, in exchange for less flexibility/liquidity. I use a no-penalty CD at Ally, so I can access my money whenever. Either way, it's a little bit of free money with no risk involved. If you're not planning on using all that money in the next 5 years or so, and you don't mind taking on some risk, you could consider investing in the stock market, instead of real estate. Open a brokerage account, and put it in an index fund, since those are less risky than individual stocks. S&P 500 index funds (e.g. SPY) are popular. It invests in the 500 largest companies, so there's no chance of you losing everything. I personally use a world index fund (VTWAX), which invests in 8000+ companies (It's more diverse, and less risky, but earns less than SPY during good times). Regardless, then you just sit back, ignore the stock market, and get free money (dividends) every once in a while. Oh, and you have to hope that this pandemic won't cause another Great Depression. That too. --- Exeunt <cite>HeWhoHasNoShadow posted [p:939679498] in Is it smar... [t:78717828]...</cite> <quote>Not very smart, since that money can be earning you interest/dividends (i.e. free money for doing nothing). You should always keep a little money in the bank, as an emergency fund, but that's probably too much. With that kind of money, I'm assuming you're already maxing out your tax-advantaged accounts (i.e. Roth IRA, 401k, etc.). If not, do that first. The very least you could do is put it in a high yield savings account, per the above post. I personally use Ally. Banks have been cutting their interest rates these days, so you won't get much out of this, but it's better than nothing. You could also look at opening a CD account with your bank, to earn a little extra interest, in exchange for less flexibility/liquidity. I use a no-penalty CD at Ally, so I can access my money whenever. Either way, it's a little bit of free money with no risk involved. If you're not planning on using all that money in the next 5 years or so, and you don't mind taking on some risk, you could consider investing in the stock market, instead of real estate. Open a brokerage account, and put it in an index fund, since those are less risky than individual stocks. S&P 500 index funds (e.g. SPY) are popular. It invests in the 500 largest companies, so there's no chance of you losing everything. I personally use a world index fund (VTWAX), which invests in 8000+ companies (It's more diverse, and less risky, but earns less than SPY during good times). Regardless, then you just sit back, ignore the stock market, and get free money (dividends) every once in a while. Oh, and you have to hope that this pandemic won't cause another Great Depression. That too. </quote> ... Copied to Clipboard!
NinjaBreakfast 05/25/20 10:43:33 AM #7:	Imagine typing out an actual response to the tc lol --- https://imgur.com/nGZeEqw Do you really think you can beat me? <cite>NinjaBreakfast posted [p:939679531] in Is it smar... [t:78717828]...</cite> <quote>Imagine typing out an actual response to the tc lol </quote> ... Copied to Clipboard!
EdgeMaster 05/25/20 10:48:38 AM #8:	Awesome posted... No you put it in a high yield interest account like marcus or amex LOOOOOOOLLL HeWhoHasNoShadow posted... Not very smart, since that money can be earning you interest/dividends (i.e. free money for doing nothing). You should always keep a little money in the bank, as an emergency fund, but that's probably too much. With that kind of money, I'm assuming you're already maxing out your tax-advantaged accounts (i.e. Roth IRA, 401k, etc.). If not, do that first. The very least you could do is put it in a high yield savings account, per the above post. I personally use Ally. Banks have been cutting their interest rates these days, so you won't get much out of this, but it's better than nothing. You could also look at opening a CD account with your bank, to earn a little extra interest, in exchange for less flexibility/liquidity. I use a no-penalty CD at Ally, so I can access my money whenever. Either way, it's a little bit of free money with no risk involved. If you're not planning on using all that money in the next 5 years or so, and you don't mind taking on some risk, you could consider investing in the stock market, instead of real estate. Open a brokerage account, and put it in an index fund, since those are less risky than individual stocks. S&P 500 index funds (e.g. SPY) are popular. It invests in the 500 largest companies, so there's no chance of you losing everything. I personally use a world index fund (VTWAX), which invests in 8000+ companies (It's more diverse, and less risky, but earns less than SPY during good times). Regardless, then you just sit back, ignore the stock market, and get free money (dividends) every once in a while. Oh, and you have to hope that this pandemic won't cause another Great Depression. That too. This is actually a really good post. essentially 1) put it in index funds 2) wait 3) profit --- If you don't have anything nice to say, say it on the internet. ****poster Extraordinaire <cite>EdgeMaster posted [p:939679714] in Is it smar... [t:78717828]...</cite> <quote>Awesome posted... </cite> <quote>No you put it in a high yield interest account like marcus or amex</quote> LOOOOOOOLLL HeWhoHasNoShadow posted... </cite> <quote>Not very smart, since that money can be earning you interest/dividends (i.e. free money for doing nothing). You should always keep a little money in the bank, as an emergency fund, but that's probably too much. With that kind of money, I'm assuming you're already maxing out your tax-advantaged accounts (i.e. Roth IRA, 401k, etc.). If not, do that first. The very least you could do is put it in a high yield savings account, per the above post. I personally use Ally. Banks have been cutting their interest rates these days, so you won't get much out of this, but it's better than nothing. You could also look at opening a CD account with your bank, to earn a little extra interest, in exchange for less flexibility/liquidity. I use a no-penalty CD at Ally, so I can access my money whenever. Either way, it's a little bit of free money with no risk involved. If you're not planning on using all that money in the next 5 years or so, and you don't mind taking on some risk, you could consider investing in the stock market, instead of real estate. Open a brokerage account, and put it in an index fund, since those are less risky than individual stocks. S&P 500 index funds (e.g. SPY) are popular. It invests in the 500 largest companies, so there's no chance of you losing everything. I personally use a world index fund (VTWAX), which invests in 8000+ companies (It's more diverse, and less risky, but earns less than SPY during good times). Regardless, then you just sit back, ignore the stock market, and get free money (dividends) every once in a while. Oh, and you have to hope that this pandemic won't cause another Great Depression. That too.</quote> This is actually a really good post. essentially 1) put it in index funds 2) wait 3) profit </quote> ... Copied to Clipboard!
REMercsChamp 05/25/20 10:51:08 AM #9:	HeWhoHasNoShadow posted... Not very smart, since that money can be earning you interest/dividends (i.e. free money for doing nothing). You should always keep a little money in the bank, as an emergency fund, but that's probably too much. With that kind of money, I'm assuming you're already maxing out your tax-advantaged accounts (i.e. Roth IRA, 401k, etc.). If not, do that first. The very least you could do is put it in a high yield savings account, per the above post. I personally use Ally. Banks have been cutting their interest rates these days, so you won't get much out of this, but it's better than nothing. You could also look at opening a CD account with your bank, to earn a little extra interest, in exchange for less flexibility/liquidity. I use a no-penalty CD at Ally, so I can access my money whenever. Either way, it's a little bit of free money with no risk involved. If you're not planning on using all that money in the next 5 years or so, and you don't mind taking on some risk, you could consider investing in the stock market, instead of real estate. Open a brokerage account, and put it in an index fund, since those are less risky than individual stocks. S&P 500 index funds (e.g. SPY) are popular. It invests in the 500 largest companies, so there's no chance of you losing everything. I personally use a world index fund (VTWAX), which invests in 8000+ companies (It's more diverse, and less risky, but earns less than SPY during good times). Regardless, then you just sit back, ignore the stock market, and get free money (dividends) every once in a while. Oh, and you have to hope that this pandemic won't cause another Great Depression. That too. So let me see if I'm understanding this correctly >"Put it in a high yield savings!" >But the yields are almost 0 because they cut interest rates! and >"Put it in the stock market!" >But there's probably a crash of biblical proportions coming! Thanks man...thanks. --- #StayInsideUntilWeGetAVaccine Come check out my community board for NEET discussions: https://gamefaqs.gamespot.com/boards/1467-neet-discussions <cite>REMercsChamp posted [p:939679788] in Is it smar... [t:78717828]...</cite> <quote>HeWhoHasNoShadow posted... </cite> <quote>Not very smart, since that money can be earning you interest/dividends (i.e. free money for doing nothing). You should always keep a little money in the bank, as an emergency fund, but that's probably too much. With that kind of money, I'm assuming you're already maxing out your tax-advantaged accounts (i.e. Roth IRA, 401k, etc.). If not, do that first. The very least you could do is put it in a high yield savings account, per the above post. I personally use Ally. Banks have been cutting their interest rates these days, so you won't get much out of this, but it's better than nothing. You could also look at opening a CD account with your bank, to earn a little extra interest, in exchange for less flexibility/liquidity. I use a no-penalty CD at Ally, so I can access my money whenever. Either way, it's a little bit of free money with no risk involved. If you're not planning on using all that money in the next 5 years or so, and you don't mind taking on some risk, you could consider investing in the stock market, instead of real estate. Open a brokerage account, and put it in an index fund, since those are less risky than individual stocks. S&P 500 index funds (e.g. SPY) are popular. It invests in the 500 largest companies, so there's no chance of you losing everything. I personally use a world index fund (VTWAX), which invests in 8000+ companies (It's more diverse, and less risky, but earns less than SPY during good times). Regardless, then you just sit back, ignore the stock market, and get free money (dividends) every once in a while. Oh, and you have to hope that this pandemic won't cause another Great Depression. That too.</quote>So let me see if I'm understanding this correctly >"Put it in a high yield savings!" >But the yields are almost 0 because they cut interest rates! and >"Put it in the stock market!" >But there's probably a crash of biblical proportions coming! Thanks man...thanks. </quote> ... Copied to Clipboard!
Marauder64 05/25/20 11:05:07 AM #10:	Very good info! So a certificate of deposit account with no penalty is a persons safest bet on investing? --- What our enemies have begun, we will finish <cite>Marauder64 posted [p:939680325] in Is it smar... [t:78717828]...</cite> <quote>Very good info! So a certificate of deposit account with no penalty is a persons safest bet on investing? </quote> ... Copied to Clipboard!
EdgeMaster 05/25/20 11:14:10 AM #11:	REMercsChamp posted... So let me see if I'm understanding this correctly >"Put it in a high yield savings!" >But the yields are almost 0 because they cut interest rates! and >"Put it in the stock market!" >But there's probably a crash of biblical proportions coming! Thanks man...thanks. Cant be fucked to explain it all out for you but having your emergency fund grow by 1.5% is way better than the .01% you were getting. the stock market isnt going to crash and Im not gonna explain how index funds work to you. Individual stocks are kinda gambly but theres some money to be made. Carnival right now, amazon, Netflix in the last, etc. Marauder64 posted... Very good info! So a certificate of deposit account with no penalty is a persons safest bet on investing? Thats an Ally bank only thing I think. Theyre an online bank and very very good. Certificates of deposit is basically the idea that you let a bank use your money for 1 year, and they give you 2% or something small in interest back as a thank you, along with your original deposit. Theres generally a penalty if you withdraw the money before that year is up, but not with Ally. the best investment vehicles (IMO) are a 401k, HSA, (traditional Ira if your employer doesnt offer HSA and/or has a shitty 401k plan) and brokerage account with index funds. index funds follow several to hundreds of companies in the market (us and/or international) and recently average a 6-7% return. VNQ, SPY, VOO are all examples that are good and safe. --- If you don't have anything nice to say, say it on the internet. ****poster Extraordinaire <cite>EdgeMaster posted [p:939680650] in Is it smar... [t:78717828]...</cite> <quote>REMercsChamp posted... </cite> <quote>So let me see if I'm understanding this correctly >"Put it in a high yield savings!" >But the yields are almost 0 because they cut interest rates! and >"Put it in the stock market!" >But there's probably a crash of biblical proportions coming! Thanks man...thanks.</quote> Cant be fucked to explain it all out for you but having your emergency fund grow by 1.5% is way better than the .01% you were getting. the stock market isnt going to crash and Im not gonna explain how index funds work to you. Individual stocks are kinda gambly but theres some money to be made. Carnival right now, amazon, Netflix in the last, etc. Marauder64 posted... </cite> <quote>Very good info! So a certificate of deposit account with no penalty is a persons safest bet on investing?</quote> Thats an Ally bank only thing I think. Theyre an online bank and very very good. Certificates of deposit is basically the idea that you let a bank use your money for 1 year, and they give you 2% or something small in interest back as a thank you, along with your original deposit. Theres generally a penalty if you withdraw the money before that year is up, but not with Ally. the best investment vehicles (IMO) are a 401k, HSA, (traditional Ira if your employer doesnt offer HSA and/or has a shitty 401k plan) and brokerage account with index funds. index funds follow several to hundreds of companies in the market (us and/or international) and recently average a 6-7% return. VNQ, SPY, VOO are all examples that are good and safe. </quote> ... Copied to Clipboard!
cmiller4642 05/25/20 11:15:18 AM #12:	Buy rare Gamecube games on Ebay The prices are spiraling out of control <cite>cmiller4642 posted [p:939680686] in Is it smar... [t:78717828]...</cite> <quote>Buy rare Gamecube games on Ebay The prices are spiraling out of control </quote> ... Copied to Clipboard!
Master_Bass 05/25/20 11:16:34 AM #13:	It's stupid since you're losing money to inflation. If it's money you don't need within 5 years invest in stocks/bonds. --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:939680744] in Is it smar... [t:78717828]...</cite> <quote>It's stupid since you're losing money to inflation. If it's money you don't need within 5 years invest in stocks/bonds. </quote> ... Copied to Clipboard!
EdgeMaster 05/25/20 11:16:35 AM #14:	cmiller4642 posted... Buy rare Gamecube games on Ebay The prices are spiraling out of control This actually isnt bad advice. --- If you don't have anything nice to say, say it on the internet. ****poster Extraordinaire <cite>EdgeMaster posted [p:939680746] in Is it smar... [t:78717828]...</cite> <quote>cmiller4642 posted... </cite> <quote>Buy rare Gamecube games on Ebay The prices are spiraling out of control</quote> This actually isnt bad advice. </quote> ... Copied to Clipboard!
Scully87 05/25/20 11:16:45 AM #15:	NinjaBreakfast posted... Imagine typing out an actual response to the tc lol --- I am error <cite>Scully87 posted [p:939680750] in Is it smar... [t:78717828]...</cite> <quote>NinjaBreakfast posted... </cite> <quote>Imagine typing out an actual response to the tc lol</quote> </quote> ... Copied to Clipboard!
John_Galt 05/25/20 11:24:05 AM #16:	REMercsChamp posted... >"Put it in the stock market!" >But there's probably a crash of biblical proportions coming! plz, daddy Powell will never let that happen --- Who is John Galt? <cite>John_Galt posted [p:939681024] in Is it smar... [t:78717828]...</cite> <quote>REMercsChamp posted... </cite> <quote> >"Put it in the stock market!" >But there's probably a crash of biblical proportions coming! </quote>plz, daddy Powell will never let that happen </quote> ... Copied to Clipboard!
MelbuFrahma4 05/25/20 11:41:35 AM #17:	Secret bragging topic --- "We'll never see Day-Lewis and Kubrick, or Kurosawa and Eastwood, but we have seen Bale and Nolan, a cinematic dream pairing come to life!" <cite>MelbuFrahma4 posted [p:939681680] in Is it smar... [t:78717828]...</cite> <quote>Secret bragging topic </quote> ... Copied to Clipboard!
Marauder64 05/25/20 11:46:22 AM #18:	EdgeMaster posted... Cant be fucked to explain it all out for you but having your emergency fund grow by 1.5% is way better than the .01% you were getting. the stock market isnt going to crash and Im not gonna explain how index funds work to you. Individual stocks are kinda gambly but theres some money to be made. Carnival right now, amazon, Netflix in the last, etc. Thats an Ally bank only thing I think. Theyre an online bank and very very good. Certificates of deposit is basically the idea that you let a bank use your money for 1 year, and they give you 2% or something small in interest back as a thank you, along with your original deposit. Theres generally a penalty if you withdraw the money before that year is up, but not with Ally. the best investment vehicles (IMO) are a 401k, HSA, (traditional Ira if your employer doesnt offer HSA and/or has a shitty 401k plan) and brokerage account with index funds. index funds follow several to hundreds of companies in the market (us and/or international) and recently average a 6-7% return. VNQ, SPY, VOO are all examples that are good and safe. Thanks! --- What our enemies have begun, we will finish <cite>Marauder64 posted [p:939681864] in Is it smar... [t:78717828]...</cite> <quote>EdgeMaster posted... </cite> <quote>Cant be fucked to explain it all out for you but having your emergency fund grow by 1.5% is way better than the .01% you were getting. the stock market isnt going to crash and Im not gonna explain how index funds work to you. Individual stocks are kinda gambly but theres some money to be made. Carnival right now, amazon, Netflix in the last, etc. Thats an Ally bank only thing I think. Theyre an online bank and very very good. Certificates of deposit is basically the idea that you let a bank use your money for 1 year, and they give you 2% or something small in interest back as a thank you, along with your original deposit. Theres generally a penalty if you withdraw the money before that year is up, but not with Ally. the best investment vehicles (IMO) are a 401k, HSA, (traditional Ira if your employer doesnt offer HSA and/or has a shitty 401k plan) and brokerage account with index funds. index funds follow several to hundreds of companies in the market (us and/or international) and recently average a 6-7% return. VNQ, SPY, VOO are all examples that are good and safe.</quote> Thanks! </quote> ... Copied to Clipboard!
Hexenherz 05/25/20 11:46:47 AM #19:	If you're not going to use it any time soon I second investing, ETF's are really good and you don't need to invest in individual companies. Even if you do, some are safer than others like public utilities (Duke and Dominion aren't bad). It is nice getting dividends. I have $750 worth of an investment company and that pays out about 4.50 a month which is more than I get with 15k in a savings account --- FFXIV: Lucius Hexenseele (Brynhildr) \| RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ <cite>Hexenherz posted [p:939681878] in Is it smar... [t:78717828]...</cite> <quote>If you're not going to use it any time soon I second investing, ETF's are really good and you don't need to invest in individual companies. Even if you do, some are safer than others like public utilities (Duke and Dominion aren't bad). It is nice getting dividends. I have $750 worth of an investment company and that pays out about 4.50 a month which is more than I get with 15k in a savings account </quote> ... Copied to Clipboard!
Sad_Face 05/25/20 11:53:42 AM #20:	I don't see buying properties as a good idea right now. We haven't really hit the stride of Corona-chan hurting the economy, where the weight of how so many people can't afford their rent is felt across the board. I know in my area, my Governor is sweating over what's to come in July, where the government could potentially not have enough money to pay their employees. Likewise, I'm not at all bullish on the stock market as a whole, it's acting completely out of the realms of reality where the unemployment rates are skyrocketing yet the stock market is "doing fine". That doesn't make any sense. Banks, know that the reserve ratio is at 0% instead of the already super low 10%, so they can lend out all of your money. There's a risk of a bank run where everyone could try and draw out their money and banks won't have enough to service everyone. --- https://imgur.com/WmIB016 https://imgur.com/53FGj6K <cite>Sad_Face posted [p:939682166] in Is it smar... [t:78717828]...</cite> <quote>I don't see buying properties as a good idea right now. We haven't really hit the stride of Corona-chan hurting the economy, where the weight of how so many people can't afford their rent is felt across the board. I know in my area, my Governor is sweating over what's to come in July, where the government could potentially not have enough money to pay their employees. Likewise, I'm not at all bullish on the stock market as a whole, it's acting completely out of the realms of reality where the unemployment rates are skyrocketing yet the stock market is "doing fine". That doesn't make any sense. Banks, know that the reserve ratio is at 0% instead of the already super low 10%, so they can lend out all of your money. There's a risk of a bank run where everyone could try and draw out their money and banks won't have enough to service everyone. </quote> ... Copied to Clipboard!
g980 05/25/20 11:58:15 AM #21:	No one can give you good advice without knowing more about your time horizons, risk tolerance, and overall financial balance sheet/cash flows --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:939682349] in Is it smar... [t:78717828]...</cite> <quote>No one can give you good advice without knowing more about your time horizons, risk tolerance, and overall financial balance sheet/cash flows </quote> ... Copied to Clipboard!
Prismsblade 05/25/20 12:22:46 PM #22:	MelbuFrahma4 posted... Secret bragging topic Even still the advice is useful nonetheless, regardless of your income. As you're want your funds growing by at least 3% every year to beat inflation. And the best and most accessible means for achieving this is through the stock market. Since brokerages apps now are just a single download away and are all free now. --- 3DS FC:3368-5403-9633 Name: Kaizer PSN: Blackkaizer <cite>Prismsblade posted [p:939683295] in Is it smar... [t:78717828]...</cite> <quote>MelbuFrahma4 posted... </cite> <quote>Secret bragging topic</quote>Even still the advice is useful nonetheless, regardless of your income. As you're want your funds growing by at least 3% every year to beat inflation. And the best and most accessible means for achieving this is through the stock market. Since brokerages apps now are just a single download away and are all free now. </quote> ... Copied to Clipboard!
Austin_Era_II 05/25/20 12:29:41 PM #23:	My advice was the best. My house shot up 180K in 5 years. Imagine a few more years from now. Of course you'll have to pay capital gain once you sell, but the return is nice. Your mortgage payments on a $250-350K home will be like $1200 a month or so. Rent the 3 bedroom home for $1700 or more plus utilities. Or look for a bungalow and get a separate tenant in the basement. Get the person renting the house to give also a security deposit or pay a property maintenance company $100 a month or whatever it is to handle the payments for you. Most tenants are good especially if you do your homework. They will pay on time. Not to mention the house slowly gains equity...so yeah. --- Currently gaming: Metal Gear Solid V MCMLXXXV <cite>Austin_Era_II posted [p:939683612] in Is it smar... [t:78717828]...</cite> <quote>My advice was the best. My house shot up 180K in 5 years. Imagine a few more years from now. Of course you'll have to pay capital gain once you sell, but the return is nice. Your mortgage payments on a $250-350K home will be like $1200 a month or so. Rent the 3 bedroom home for $1700 or more plus utilities. Or look for a bungalow and get a separate tenant in the basement. Get the person renting the house to give also a security deposit or pay a property maintenance company $100 a month or whatever it is to handle the payments for you. Most tenants are good especially if you do your homework. They will pay on time. Not to mention the house slowly gains equity...so yeah. </quote> ... Copied to Clipboard!
apocalyptic_4 05/25/20 12:31:07 PM #24:	Spend it all on airline stocks at the end of July and take out a additional loan to buy more also. Shoukd quadruple your money in a few years. --- XBL: Mrpicardbottoms <cite>apocalyptic_4 posted [p:939683676] in Is it smar... [t:78717828]...</cite> <quote>Spend it all on airline stocks at the end of July and take out a additional loan to buy more also. Shoukd quadruple your money in a few years. </quote> ... Copied to Clipboard!
REMercsChamp 05/25/20 12:34:09 PM #25:	apocalyptic_4 posted... Spend it all on airline stocks at the end of July and take out a additional loan to buy more also. Shoukd quadruple your money in a few years. A few years! A FEW YEARS!!! I need the money now who the fuck has money to just sit around for 3 years!! --- #StayInsideUntilWeGetAVaccine Come check out my community board for NEET discussions: https://gamefaqs.gamespot.com/boards/1467-neet-discussions <cite>REMercsChamp posted [p:939683794] in Is it smar... [t:78717828]...</cite> <quote>apocalyptic_4 posted... </cite> <quote>Spend it all on airline stocks at the end of July and take out a additional loan to buy more also. Shoukd quadruple your money in a few years.</quote>A few years! A FEW YEARS!!! I need the money now who the fuck has money to just sit around for 3 years!! </quote> ... Copied to Clipboard!
Iodine 05/25/20 12:35:28 PM #26:	Why not dump it in an index fund? --- In Belichick we Trust <cite>Iodine posted [p:939683844] in Is it smar... [t:78717828]...</cite> <quote>Why not dump it in an index fund? </quote> ... Copied to Clipboard!
Pitlord_Special 05/25/20 12:36:34 PM #27:	Let it all ride on bitcoin --- Posted from my iPhone 8 <cite>Pitlord_Special posted [p:939683898] in Is it smar... [t:78717828]...</cite> <quote>Let it all ride on bitcoin </quote> ... Copied to Clipboard!
deupd_u 05/25/20 12:40:50 PM #28:	Hire someone at $1/hr to get a job that pays $20/hr. Boom. Instant $4 profit, at least. --- Snipers don't shoot at paper, they shoot watermelons. https://imgur.com/jo511lG <cite>deupd_u posted [p:939684078] in Is it smar... [t:78717828]...</cite> <quote>Hire someone at $1/hr to get a job that pays $20/hr. Boom. Instant $4 profit, at least. </quote> ... Copied to Clipboard!
Hexenherz 05/25/20 12:53:52 PM #29:	REMercsChamp posted... A few years! A FEW YEARS!!! I need the money now who the fuck has money to just sit around for 3 years!! Why do you need the money now? It sounds like you're not planning on doing anything with it... --- FFXIV: Lucius Hexenseele (Brynhildr) \| RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ <cite>Hexenherz posted [p:939684724] in Is it smar... [t:78717828]...</cite> <quote>REMercsChamp posted... </cite> <quote>A few years! A FEW YEARS!!! I need the money now who the fuck has money to just sit around for 3 years!!</quote>Why do you need the money now? It sounds like you're not planning on doing anything with it... </quote> ... Copied to Clipboard!
Hexenherz 05/25/20 12:54:08 PM #30:	deupd_u posted... Hire someone at $1/hr to get a job that pays $20/hr. Boom. Instant $4 profit, at least. So, start a staffing/recruiting firm? --- FFXIV: Lucius Hexenseele (Brynhildr) \| RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ <cite>Hexenherz posted [p:939684736] in Is it smar... [t:78717828]...</cite> <quote>deupd_u posted... </cite> <quote>Hire someone at $1/hr to get a job that pays $20/hr. Boom. Instant $4 profit, at least.</quote>So, start a staffing/recruiting firm? </quote> ... Copied to Clipboard!
#31	Post #31 was unavailable or deleted.
Sad_Face 05/25/20 8:35:45 PM #32:	I'm still unsure of the real estate market at the moment (not my forte to begin with), but this video is apt for the topic. https://www.youtube.com/watch?v=q2V_1QA9kcg --- https://imgur.com/WmIB016 https://imgur.com/53FGj6K <cite>Sad_Face posted [p:939704462] in Is it smar... [t:78717828]...</cite> <quote>I'm still unsure of the real estate market at the moment (not my forte to begin with), but this video is apt for the topic. https://www.youtube.com/watch?v=q2V_1QA9kcg </quote> ... Copied to Clipboard!
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Current Events > Is it smart to leave $100,000 in a savings account with .01% interest? (+) Yeah! (+)

Current Events > Is it smart to leave $100,000 in a savings account with .01% interest?