A decision to make

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Jun 15, 2006 | 01:30 PM

#21

AMGMercedes

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Joined: Jan 2006

Posts: 1,557

From: Maryland

RE: A decision to make

Quote:

Or put it in a high interest savings account and live on the beach as a beach bum.

Bingo. If you found yourself a 10% interest account and dumped it, you'd be making over 100k a year. With no tax I would assume too?

Jun 16, 2006 | 12:11 PM

#22

BlackWolf

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Joined: Sep 2005

Posts: 1,282

RE: A decision to make

off subject but, where would i find a 10% interest account? Even without a million dollars, I could use one.

Jun 16, 2006 | 03:29 PM

#23

RockSolid

Joined: Jun 2005

Posts: 523

From:

RE: A decision to make

Quote:

where would i find a 10% interest account?

Stock Market

Jun 16, 2006 | 05:41 PM

#24

BlackWolf

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Joined: Sep 2005

Posts: 1,282

RE: A decision to make

oh of course. That dang stock market. Maybe I should invest in China and or other parts of Asia.

Jun 16, 2006 | 09:57 PM

#25

RockSolid

Joined: Jun 2005

Posts: 523

From:

RE: A decision to make

I'm no expert- thats why I'm in mutual funds- but if you want a safe play, I'd do an S&P 500 fund, or International fund.

Jun 16, 2006 | 10:52 PM

#26

mbz300sdl

Super Moderator

Joined: Oct 2004

Posts: 2,459

From: Conway SC

RE: A decision to make

Or you can play it real safe and just use CDs 5.25% from ING Direct or their savings is 4.25%.

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