Posted by dhermesc on August 20, 2010 at 06:10:50 from (24.248.193.103):
In Reply to: Re: land auction posted by John T on August 20, 2010 at 04:43:41:
1)If you put $9,000 in a good safe blue chip type (yeah right) investment at 4% interest, thats $360 per year INCOME (if you can get 4%???)
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Let me know where you can get 4% on a safe investment.
I've been with the same company for 10 years. I've deposited over 76,000 in my 401k in that time with 1/3 in a money market fund the entire time and the rest are in "safe" American Funds investments. Current value is $68,954. After checking some of the other employees statements I'm actually doing pretty good - some have lost nerly half what they've "saved" in the same time frame.
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