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re: Investing vs: Savings

Posted on 10/6/24 at 1:48 pm to KTiger85
Posted by tigerbacon
Arkansas
Member since Aug 2010
4576 posts
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Posted on 10/6/24 at 1:48 pm to KTiger85
Might be frown upon but I’m 50/50 on investment vs savings. I get 4.10% now in savings and my investments have gained over 40%.
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Posted by 756
Member since Sep 2004
15839 posts
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Posted on 10/8/24 at 7:26 am to tigerbacon
The inflated jobs report is going to impact the Feds lowering interest rates- I am guessing they are not going to lower the 1/2 they said by the end of the year but maybe only a 1/4
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Posted by I Love Bama
Alabama
Member since Nov 2007
38433 posts
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Posted on 10/8/24 at 7:31 am to HeartAttackTiger
It's a shame that you HAVE to risk your capital in investing just to stay ahead of the government stealing your purchasing power with inflation.

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Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
39146 posts
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Posted on 10/9/24 at 1:09 pm to HeartAttackTiger
I keep ~ 5,000 in savings getting 4.1%. The rest gets invested after all bills are paid on the first of every month
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Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
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Posted on 10/9/24 at 2:36 pm to Pelican fan99
quote:
I keep ~ 5,000 in savings getting 4.1%. The rest gets invested after all bills are paid on the first of every month


Similar but I buy weekly.
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