the chumps who talk about inflation this, inflation that, and looks down on secured FDIC insured 5-6% cds obviously have no money. The average stock market return is 8% with massivve volatile risk, and that is the market, not individual stocks. Individual stocks is much lower.
They then proceed to take the funds they did not want to risk for inflation and put it into a above-inflationary account (stock investments) and lose 10-20%
So you wanted to avoid inflation but didn't mind losing 10-20%
Good job, retards.
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When I talk about 7% , I mean 7% GUARANTEED capital investments.
EVerything above 7% is bullshit, nothing guarantees capital,
I have multiple CDs @ 5.75% guaranteed FDIC insured.
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I've made my money back in 2000, I still have it all + a lot more, I know how to hold money, maintain it, keep it working for me.
unlike all the other people in here with $20 in their wallets to budget. (hydroblunt) They really need the above-inflationary assets to be able to buy a cheeseburger with the net proceeds.
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comment about the financial planner wasn't good either, manage your own money, a financial planner wouldn't be a 40k planner if he was any good. All he is is a diversifcater, Only you can spot/search/find the great investments.
All great and SECURED investments are searched/scoured for, never given/offered to you..