Yeah...I did; I was heavily invested in equities in my company's 401(k) plan and watched it burn to the ground in 08. ? How soon you forget things Ghost.
Sue Bee wrote:
Fed-Up With This BS wrote:
Ghost of Igloi wrote:
Actually I did buy some CDs 6 month 1.8% and 12 month 2.1%. Better bet than the market at current valuations.
That's sad - I'm not getting much more from several CDs of mine. I remember the good old days when CDs paid upwards to 5.5% to 6%. A decent return with your money safe & sound as opposed to being invested in the gambling casino of the market run by the Wall Street Cartel. ? If you're an older person who's a saver, the Fed Reserve has rigged the game keeping rates ridiculously low so the spending nuts can keep financing new homes, cars, electronic toys, etc. every 3 yrs while us savers get kicked in the balls! ☹
If you had your money invested in equities, you likely would have done very well over the past 9 years.