How can you determine if your stacking dollars was successful?
derryb
Posts: 36,816 ✭✭✭✭✭
Question was inspired by another thread and coho doesn't have to answer if he thinks any are too hard. There is no right or wrong answer:
How can you determine if your stacking dollars was successful when they are constantly worth less than they were before?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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Loves me some shiny!
I have enough available to convert to gold and silver if/when I want to.
Im flattered.💋💋
Knowledge is the enemy of fear
If I can buy twitter
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Enough cash so I can have unimitated hookers and blow until I gasp me last breath! RGDS!!!
The whole worlds off its rocker, buy Gold™.
I'm almost afraid to ask but what's an "unimitated hooker"?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
See crew4me’s post above…
@PerryHall .... I believe he meant 'unlimited'.....
Cheers, RickO
No, I'm pretty sure he did mean "unimitated". After all, isn't that how the expression goes?... Imitation is the sincerest form of fellatory?
Cheers @Ricko, you are exactly right. ENJY!
The whole worlds off its rocker, buy Gold™.
I’m not having much success stacking dollars. 0.10% interest on my savings account from my credit union. Two months ago I was charged a dormant account fee. I never withdraw money from that account. Pissed me off just on principal. Stacking gold makes me much happier.
MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940
I'm almost afraid to ask but what's an "unimitated hooker"?
Well, I suppose that there's imitation hookers and then there's the real thing. Accept no imitations.
I knew it would happen.
.> @Downtown1974 said:
One year CDs are over 1.7%. Talk to your bank. One year t-bills are over 1.7%. Talk to your broker.
Knowledge is the enemy of fear
Quite ironic in a thread intended to imitate. ROTFLMAO!!!
Knowledge is the enemy of fear
Digital "I" bonds are paying 7.12%. Talk to your Treasury Direct website.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Quite ironic in a thread intended to imitate. ROTFLMAO!!!
You only repeated 1/2 of what I said. What don't you understand about tongue-in-cheek?
I knew it would happen.
Going up to 9.62% on May 1. For anyone having extra savings that they won't need for a year, and optimally 5 years, this is a no brainer.
Could rise higher yet
Loves me some shiny!
They could. But even 5% today would blow away other low risk forms of investment. People need to keep in mind that the decision to buy I series bonds now shouldn't be predicated upon possibility even higher yields. (I am not suggesting that you were insinuating that, but I know that some people will think that because they are not familiar with how these particular bonds work). I series bonds should be bought now, as in today. It's not like a CD or other bonds where you lock in a rate which may influence a decision to hold off on tying up your money in the event rates go higher. Buy all the I bonds you can afford (up to $10K per SS#) for yourself, your spouse (or spouses in my case), children, and pets (as long as they have a legitimate SS# [German Shepherds are eligible, but I heard Pekingese and Chihuahuas are not]).
The gutter continues to pay negative yields. Talk to @Derrby. SMH
The whole worlds off its rocker, buy Gold™.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Isnt that what ALL the media (mainstream, little stream, tributary, brook, creek, canal, drainage, etc,) do?
Welcome to the new America.
Knowledge is the enemy of fear
I heard he could have bought all the outstanding COMEX contracts for 1/10 of what he paid for Twitter.
Lordmarcovan, WTCG, YogiBerraFan, Phoenin21, LindeDad, Coll3ctor, blue594, robkoll, Mike Dixon, BloodMan, Flakthat and others.
16 grandchildren later: there goes my stack. Crumb snatchers
I just flossed my teeth jeez I feel good.
Dollars are being used to accumulate more assets than 6 months ago. Success.
Knowledge is the enemy of fear