Message:

<p>[QUOTE=&quot;Clawcoins, post: 2489575, member: 77814&quot;]There are High Yield Savings Accts out there getting 0.70 up to 1.0%.</p><p><br /></p><p>I also have a HYSA at 0.70.&nbsp; AmEx is 0.90% and Ally Bank is 1.0%</p><p>Nothing like the good old days in the early 90s.&nbsp; Even Credit Unions have much better rates on long term notes.</p><p><br /></p><p>plus 401ks Roths etc.</p><p>but maxxing out or creating a large nest egg in retirement funds is critical.&nbsp; You have to watch like a hawk and make sure you select good funds in the 401k&#039;s so that the money you put into it isn&#039;t the only appreciation going on.</p><p><br /></p><p>stocks, as example: </p><p>- I have a 3 yr stock appreciation only stock that is up 90%</p><p>- a 1 yr stock+div reinvestment up 25%</p><p>- and a turnaround stock that is even right now</p><p>- gov&#039;t treasury bonds which whiplash back and forth in interest which have weird interest calculations.&nbsp; Still debating on keeping those or not.</p><p>4 different types of stock for different things. But it&#039;s money up and above all the other ones.</p><p><br /></p><p>and as many have said, try to eliminate debt.&nbsp; Finance Payments pull away so much cash that you can use for other things.&nbsp; Watch your monthly statements and look at the &quot;interest payment&quot; part.&nbsp; That could be money you could be saving instead.</p><p><br /></p><p>The problem is, you have to have the determination to eliminate debt and save for long periods of time.&nbsp; Most ppl just rack up debt for something new and shiny (excluding coins of course).</p><p><br /></p><p>The thing is, people have to learn how to save.&nbsp; Take out $10 here or there to put aside (or use as additional debt payment).&nbsp; Then try to increase that amount as time goes on. All it means is that you buy less coffee or steaks, etc.&nbsp; But you can pay down debt quicker or save more over time.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in