What are you doing with your money?
Dec 20, 2023 15:15:16 #
I personally have a cousin who is a financial consultant. I’ve listened to his advice. I have moved a good part of our savings into a bank that is now giving me a 5.25 interest on my savings. Prior bank was a returning 1.25.percent My savings is fully secured. A return of 5.25 is unbelievable. As on his advice I moved more money into the stock market which is blowing up right now. Also upon his advice, invested in gold! I can’t believe my returns in the last month. By no means am I a millionaire, but have invested well. I truly suggest that folks should seriously take advantage of the economic environment and opportunities that are occurring in the world economic environment today! When nations are at war, its proven that gold investments go through the roof!
Dec 20, 2023 15:20:27 #
Jer
Loc: N. Illinois 🇺🇸
Still above water wrote:
I personally have a cousin who is a financial cons... (show quote)
Are you investing in physical gold or mutual funds?
Dec 20, 2023 15:44:48 #
Namvet69
Loc: Ohio
Jer wrote:
Are you investing in physical gold or mutual funds?
Jer. Good question. If it’s not in hand it’s not worth the paper it’s written on. IMO.
Dec 20, 2023 16:00:12 #
Certificate of purchase. Fully guaranteed by the bank and the Government! I was born at night, but last night!
Dec 20, 2023 16:29:35 #
Still above water wrote:
I personally have a cousin who is a financial cons... (show quote)
I am buying a few more St Corix rods, money is no good to me when I am dead
Dec 20, 2023 17:01:39 #
ranger632 wrote:
I am buying a few more St Corix rods, money is no good to me when I am dead
But it’s good for my children!
Dec 20, 2023 17:07:23 #
Still above water wrote:
But it’s good for my children!
What ever is left over they can have,
Dec 20, 2023 17:22:32 #
Dec 20, 2023 18:37:33 #
Still above water wrote:
I personally have a cousin who is a financial cons... (show quote)
Hey if you’re interested I’ve got stock in a South African gold mine Blyvoor I’ve had since the 80s and then it paid 18% divedends now we get a check twice a year for less than $25 cents. Yes .25 cents made money on platinum mines and another gold mine Dornfountain. Now our money is in ira’s, guaranteed 7 % we are comfortable living in socal which is an expensive place to retire at. We found a good company to use for our retirement. Bought our house in 78 and paid it off in 15 years and haven’t had any debt since paying it off!! We’re both 79 and don’t have any needs. We also had good advice on our medical ins. I just had my shoulder replaced and no deductible on a $139.000 bill. Zero co pay on doctor visits and small co pays on meds. My wife did a good job on getting our ducks in a row while planing our life after selling our business we had for 37 years. We didn’t get much from our business as we sized it way down from its heyday. I was 67 at retirement.
Dec 20, 2023 18:58:42 #
If you're concerned about a total crash of our economy, I know where to have your money.
..............AMMO.
I'm not talking about planning to shoot anyone. If money becomes hyper inflated or worthless, ammo will be a really hot currency.
..............AMMO.
I'm not talking about planning to shoot anyone. If money becomes hyper inflated or worthless, ammo will be a really hot currency.
Dec 20, 2023 20:55:05 #
Namvet69
Loc: Ohio
Still above water wrote:
Certificate of purchase. Fully guaranteed by the bank and the Government! I was born at night, but last night!
Ever wonder how the government can guarantee something, but they’re so far in debt that they can’t pay off their own deficits if they had to. Like a friend that’s in debt to his eyeballs, living hand to mouth, promising to pay off your loans. Just askin. Not a good guarantor.
Dec 20, 2023 21:08:22 #
Namvet69 wrote:
Ever wonder how the government can guarantee something, but they’re so far in debt that they can’t pay off their own deficits if they had to. Like a friend that’s in debt to his eyeballs, living hand to mouth, promising to pay off your loans. Just askin. Not a good guarantor.
Understood. But if our government fails then nothing will really mater.
Dec 20, 2023 21:11:30 #
Namvet69
Loc: Ohio
Still above water wrote:
Certificate of purchase. Fully guaranteed by the bank and the Government! I was born at night, but last night!
Today, if you can tell people toilet paper is going to disappear, for whatever reason, they’d buy the stores out and fist fight in the parking lot over one roll. Look at what they did during Covid. If enough believe there’s a financial crash tomorrow, the banks would have to close. In our local bank, which is home owned, you can only withdraw $2000 cash per day from your savings. Rules apply at banks like Chase as well. The way the economic environment is today, a person can only try to be wise, then cross your
fingers. I don’t trust the government anymore, and FDIC is a joke IMO.
Dec 20, 2023 21:19:57 #
ranger632 wrote:
I am buying a few more St Corix rods, money is no good to me when I am dead
👍👍amen enjoy it while you can
Dec 20, 2023 21:23:34 #
Still above water wrote:
I personally have a cousin who is a financial cons... (show quote)
Local cds is paying 5 percent for 12months that’s not bad
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.