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Old 05-28-2023, 10:55 PM   #13336
scho63 scho63 is offline
Politically Incorrect
 
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Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-680000
Quote:
Originally Posted by ThaVirus View Post
My biggest issue lately is that I’ve got a lot of cash in a money market that’s only getting, like, a .00003 return. There’s no reason a six figure account should only be getting me $100 per year in returns. I appreciate not having any risk but inflation is eating those savings up far more quickly than I’m comfortable with.
This is terrible money management unless your like 65 years old.

If you are under 40, you should find a financial advisor.

You're flushing money down the toilet.
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