Quote:
Originally Posted by gilberjj
Cash is TRASH?!?!? I've never heard that before...
My income checking is paying 6% and an 11 month CD is at 4.1%... I think that'll hold value just fine for now.
Cash isn't an investment, and it shouldn't be viewed as such.
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Question for you: You have $100k in 2019 how do you feel?
Now you have 100k in 2024, how much does that 100k get you now?
4.1 on a 6 mo t bill ain't gonna make up that purchasing power loss.