You are on the spot I think Lester. I was worried about ROI in my accumulation phase of wealth. Now, I find not thinking about that so freeing. But recently, I did open a MM account that my credit union offered. It gives 3.25% but, compounded daily.
So, hey, switching money to my checking in the same CR is simple and I have $2k a month automatically moved to it so it grows enough for me.
I also have a good real estate portfolio with a small investment in the Market.
Paid for rental homes provide a lower risk income and a nice inheritance to pass on with no investment worries about what some business with which I have zero control is doing in the background. Sure, I still have risks, but the 'paid for' status affords a huge cushion. Someone said.."Problems simply disappear, when you can write a check."
Ahhhh Sir Richard... So cool the last line.
My last job had a fantastic pension for decades. It got overwhelmed and in 2011 was modified, but still was a pension.
3 years ago after I retired, grandfathering the pensions, they went to the 401K option and I am wondering now just what options the participants have, and what they are doing with them.
Yes Sir Richard... I worked with a fellow who just made up a SS number when he came here from Ghana. Later he got his official number...and I had another fellow workmate from another carrier tell me he was contacted by SS admin about his number being used as another persons! Crazy....
Comments
You are on the spot I think Lester. I was worried about ROI in my accumulation phase of wealth. Now, I find not thinking about that so freeing. But recently, I did open a MM account that my credit union offered. It gives 3.25% but, compounded daily. So, hey, switching money to my checking in the same CR is simple and I have $2k a month automatically moved to it so it grows enough for me.
Post: Where to Keep Cash
Link to comment from December 6, 2025
I also have a good real estate portfolio with a small investment in the Market. Paid for rental homes provide a lower risk income and a nice inheritance to pass on with no investment worries about what some business with which I have zero control is doing in the background. Sure, I still have risks, but the 'paid for' status affords a huge cushion. Someone said.."Problems simply disappear, when you can write a check."
Post: Lessons from First Brands
Link to comment from November 2, 2025
Hi Mark, We will see... https://www.npr.org/2025/08/10/g-s1-69741/changing-world-order-series
Post: Are You Invested in International Markets?
Link to comment from October 11, 2025
I feel there's a push to have the dollar dethroned as the world currency for the benefit of those who are at the top of the power stack.
Post: Are You Invested in International Markets?
Link to comment from October 11, 2025
Oh Sir Richard, If only the youngsters starting out would LISTEN and ACT APPROPRIATELY. I certainly thank you for your writings. ;-)
Post: Being poor, even low income in retirement is no fun and society makes it more difficult
Link to comment from September 14, 2025
Yes Mr. Smith if that job is not part time work would they earn even that much.
Post: Being poor, even low income in retirement is no fun and society makes it more difficult
Link to comment from September 14, 2025
Good men and women should be recognized, even in line at Walt Disney World!
Post: This post contains a secret and words I used in a few forum posts ago. Why is it not encouraging.
Link to comment from September 6, 2025
Ahhhh Sir Richard... So cool the last line. My last job had a fantastic pension for decades. It got overwhelmed and in 2011 was modified, but still was a pension. 3 years ago after I retired, grandfathering the pensions, they went to the 401K option and I am wondering now just what options the participants have, and what they are doing with them.
Post: This post contains a secret and words I used in a few forum posts ago. Why is it not encouraging.
Link to comment from September 6, 2025
Thank you Rick, I've put this site in the bookmarks. I appreciate your attention to the data.
Post: 2024 Update to the OASDI Beneficiaries by State and County
Link to comment from August 30, 2025
Yes Sir Richard... I worked with a fellow who just made up a SS number when he came here from Ghana. Later he got his official number...and I had another fellow workmate from another carrier tell me he was contacted by SS admin about his number being used as another persons! Crazy....
Post: Does Social Security work?
Link to comment from August 30, 2025