You mean people paying banks to store their money in an account? I remember savings rates dropping under 1%, but don't think it ever got that bad.
I pulled a Rip Van Winkle--interest rates
- Thread starter John105
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I've never huffed someone's unwashed feet but I'll take your word for it.
JHZR2
Staff member
Note I said “in some places”…
While it doesn’t mean that consumer rates go negative (ie the bank takes your money for leaving it there), it means a firm 0% is a real possibility.
but when you talk about living off of interest because right now banks are paying 3.5-5%…. Well remember that 0-1% versus that is a pretty massive difference.
You never went into a mens locker room?
Not really.....check out the yield on JEPI. It also pays dividends monthly.......yield is over 2x what most MM accounts are paying.
Nothing should change in the bucket investing methodology.
Diversified means REALLY DIVERSIFIED. Not just in asset class, but in the thought process as well.
Diversified means REALLY DIVERSIFIED. Not just in asset class, but in the thought process as well.
Dividends and CEF…still ways to make money in ways other than share price.
Exactly. "Managing your own money is in your best interest......literally and figuratively".
FDIC insured? I don't want to get greedy chasing a few percentage points and risk losing money. Like they say, if it sounds too good to be true........
No it is not FDIC insured.....no stocks, ETFs or Mutual Funds are. I understand your concerns, and respect them. For me personally, these kind of investments work, literally making me money while I sleep. I too, have cash in MM accounts as well as a hedge for liquidity. Lastly, I am not a financial advisor, nor do I play one on TV, but this is one of my investment choices in a very diverse portfolio.
So how do you buy in? And how do you transfer money in and out? ACH? Any monthly fees?
For anyone interested, here is the interest rate for the Japanese “Fed”.
It’s currently - 0.1 %. They pay you to borrow money.
It’s currently - 0.1 %. They pay you to borrow money.
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For anyone interested, here are the interest rate for the Japanese “Fed”.
It’s currently - 0.1 %. They pay you to borrow money.
View attachment 143167
Their recovery from the
is slower since they just recently opened the country back up. They are also still recovering from 12 years ago. That was a massive shock to their economy.
So why can't someone in the U.S. get a mortgage from them? I'm guessing there are branches of some Japanese banks here in the USA.For anyone interested, here are the interest rate for the Japanese “Fed”.
It’s currently - 0.1 %. They pay you to borrow money.
View attachment 143167
Also, they don't have immigration to pump up the economy.Their recovery from the
They are also still recovering from 12 years ago. That was a massive shock to their economy.
Yes and no. So long as inflation is measured the same way year to year it should be an accurate proportional measure of change from year to year - even if it does not exactly represent the increase or decrease in what people are paying.
AZjeff
$50 Site Donor 2023
Back to eggs, has anyone with a few chickens ever crunched the numbers and knows what homegrown eggs truly cost? Just curious.
Depends on feed but it's more about the farm-fresh taste than cost savings everything said and done. In the winter you're paying to feed chickens that lay little to no eggs. I don't have chickens but have many friends that do.
Wife wanted to go down this path, but I didn't want to be a farmer. I also knew I didn't want to deal with them becoming pets--IIRC, they are good layers for 2 or so years, then most want to put them into the freeze before they molt again. I, uh, have enough problems with old hens around the house...
