Let me clear some stuff up. This is savings that can be tied up. My husband and I already put the maximum into 401k’s and IRA’s, we will still have plenty of saving if he lost his job, or something bad happeed God forbid. I also have some money in the market, contrafund, and a couple of others, but my money that has done the best over the last 20 years (I am 42) has been the money I have put in CD’s. Even if I had taken my money out before the big crash a couple of years ago, the money I had invested back in the late 90’s would have been better in a CD, because of the dip that had happened with the .com bust. I have made quite a bit on real estate, but when I seel my current home, which I am trying to do, I will lose a lot, at least a third of what I had gained over the years.
3 years ago I bought a couple of CD at 4% and didn’t want to get one for more than 18 months, because I felt like what if inflation kicks in and it is like the late 70’s early 80’s again, and I am locked in at that low rate. LOL. Now I wish I had locked in for 5 years.
@john65pennington I know, believe me I remember being very young and getting 12% on my CD’s, but mortgages were very high also. I would love it to be more reasonable, like 6 or 7% mortgages and 5% interest on saving, something like that. I don’t even have a mortgage, but I don’t want to see inflation out of control.
@Cruiser That’s interesting, do you mind sharing which fund?
@Hypocrisy_Central Yeah, I have thought about buying some real estate again (I am actually a licensed Real Estate agent in FL) but this money is separate from that. I have never really looked into lien sales, I might consider it.