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Old 07-19-2013, 05:58 AM   #49
unccrombie
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Re: The Investment Thread (help with savings, stocks, retirement funds, etc.)

Quote:
Originally Posted by Tiduwho View Post
By company flat rate, do you mean your company was matching up to 10%? Or that they were just giving you 10% flat either way? Wow. Either way, that's huge. Mine only matches at 5%, I've heard 6% match is pretty common.


As far as the checking, yea I'd do something with it, depending how much it is in relation to your monthly expenses (3 months worth? Keep it. Two years worth? Yeah, that money can afford to go somewhere). The good thing is that we'll probably see a rising rate environment sooner than later. The bad thing is, most banks have a ton of excess liquidity, so while loan rates will rise, deposit rates will probably hang pretty low for quite a while (besides CD specials).

Before the recession, there were great options like an "Investment Savings Account" or a good Money Market account for your excess funds that you didn't want to invest and still wanted access to. Those were paying 4-5% back in 2007. Nowadays, it is tough finding anything with a return without jumping into the market.
you don't even have to contribute, they give us 10%. well did (since their inception back in the 1900s). last year was 7.5, this year will be 7, and next year we move to a 6% match.

that's depressing. i really don't want to put $2-4k in the market right now
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