Recent content by almost there

"Current best non-callable brokered CD rates at Schwab (05/14/24): 12 mo - 5.25% 18 mo - 5.15% 24 mo - 5.00% 36 mo - 4.85% 48 mo - 4.60% 60 mo - 4.60%" Here is 5/7/24 thru 5/9/24 was unchanged.

I guess. My best mortgage rate was 7 1/2%. Got it down from 13 1/2%. Over the years. Then paid it off around 2000. Average 30 yr is about 6% over the past 100 years. 6% in the 1930's, 5% 1945, 4% in the 50's, 7% end of the 60's etc.

Am 99.9% sure of it. Normal rates are possibly a thing of the past. Artificially low rates could be the new normal. As the average person believes rates are high right now. Hope I am wrong though. The last couple months were a gift I didn't see coming. Would not be surprised to see 3% 5 yr CD's...

Funny how the basic 5% savings/passbook account is now considered Magic? :angel: Yesterday moved a bunch from 5.16% MM to cd's. 2yr 5%, 3yr 4.9% 4yr 4.7% and 5 yr 4.6%. Writing is on the wall.

Not just me then. 100k will be avail tomorrow. Schwab rates today, are the same as yesterday.. Should be the same tomorrow. :angel:

Not sure how much longer the 4.5%+ 5 yr and 5% 2 YR Brokered CD's will be around. Been sitting on a ton of $$ in non IRA / non Roth funds in a high yield cash MM. But am thinking now might be the time to move back into CD's. SWVXX has been great, hate getting out, just not sure how long the 5+%...

Was it really like WW2 from 2009 to 2020? No... Mesopotamia, c. 3000 BC: 20% Babylon, Code of Hammurabi, 1772 BC: codified earlier Sumerian custom of 20%. Persian conquest (King Cyrus takes Babylon), 539 BC: rates of 40+%. Greece, Temple at Delos, c. 500 BC: 10% Rome, Twelve Tables, 443 BC...

If you have a tower close by go for it. I tried twice, they said it should work. So try it. . But was not close enough. Not 100%. They told me to wait for 1 more tower closer to my home. Cant wait! So sick of paying COX cable 200/month. Have had Cox for 3-4 decades. Battle every year getting...

Its greatly helping me, as both my Roth and Trad. IRA's are in CD's. Just over 4% ave. on all of it. But "Bloomberg" is all I needed to hear. ? Added, I do not consider these as high interest rates. More average over the past 3000 years in reality. But folks got used to artificially low rates...

Yep, like 2 high school teams competing. You can keep up on things without watching the news, Watching the news is not keeping up with things. Its keeping things the same. Right where they want you. Mad at the other side.

Nope, its just divide and conquer. Once you figure that out, it just becomes a huge scam. And you are left feeling like an idiot. If folks actually came together, it would be game over. And who wants that? :rolleyes:

A lot of possible assumptions being made there. None of which are on my radar. :popcorn: 12% National sales tax being one of them. If I am reading this right.

I re-worded it. In my mind both would have to pay the same taxes when spent. I must be missing something here.

I don't get it. The 100 in the wallet was taxed when earned. And the Roth taxed when converted. So how was the Roth taxed twice and the 100 in the wallet any different? Also, any growth on the 100 in the wallet was shown as taxable income, if it was prev. invested. Thanks in advance.

Agree, but only one can grow tax free.