4192gym
4192gym t1_j6h2gjp wrote
Reply to comment by Desiration in Is prepaying your rent a smart idea? by MailsDavis
3.3 falls within the 3-5% I gave in my example.
Personally, my cash yields 5.89% but that's not in USA. The reason I gave a 3-5% estimate was for a rough estimation, and that's all.
3.3% beats 0%, regardless.
4192gym t1_j6gkwvc wrote
Reply to comment by -Alter-Reality- in LPT: Do not have the mindset the you are going to "save money" by quitting alcohol AND getting healthy. by [deleted]
There is nothing wrong with protein, creatine, vitamins, and minerals. They are all necessary for living a healthy life.
Anybody who is saying they are not necessary, are poor & unhealthy.
4192gym t1_j6fwsg5 wrote
Reply to Pay down on house or keep in savings? by jws1300
8% yield in stocks > 3.785%.
If you want to piss away money and pay down your loan, go ahead.
4192gym t1_j6fw8qr wrote
Reply to comment by Default87 in Is prepaying your rent a smart idea? by MailsDavis
Yup, this is stupid.
OP is better off earning a 3-5% yield in a savings account.
Time is money.
I put all of my taxes payable into a savings account to earn some kind of yield.
4192gym t1_j6cfmce wrote
Reply to comment by ChickenCheeks7 in LPT Request: Why is my tax return so low? by ChickenCheeks7
If you get paid correctly, you can earn interest on those payments. 3-5%.
Government pays you 0%. They get your money for free.
4192gym t1_j6h7jl6 wrote
Reply to comment by uski in Is prepaying your rent a smart idea? by MailsDavis
No. There is no currency devaluation. I do not live in a developing country.
The yield is 5.89%, and that is it. As noted before, this isn't the US.
This is also irrelevant to the topic so I won't be responding further.
Edit: the yield of cash is 5.89% here. The currency is not weak relative to major economies USA/EURO/YEN. Not sure why I got downvoted. Pissy about the higher cash yield?