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Re: Being "Early Retired" Means........
Old 01-27-2004, 01:39 PM   #21
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Re: Being "Early Retired" Means........

THATs what that was. I thought my mattress was getting thicker over time.

Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Re: Being "Early Retired" Means........
Old 01-28-2004, 07:14 AM   #22
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Re: Being "Early Retired" Means........

For the past couple of days being ERed has meant looking for a place to park a big pile of cash. Has to be
liquid. I've been moving it all around to banks
pitching promo rates for about 2 years now. So far,
I have rarely taken less than 3%, and after a lot of computer and phone time I find I can still get it today.
The downside is this typically lasts only a few months
and then you have to shop again. Also, each bank has
different rules on checkwriting, minimum balances,
penalties if you close the account before a certain time.
The point is that with a lot of work I've kept the 3%
alive and the cash totally liquid (and FDIC insured).
That's a good deal in today's market.

John Galt

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