[UCGal]

I think inflation has hit healthcare the hardest.

My inlaws are fixed income. My mother in law jokes that the SS COLA does not cover the medicare and supplemental increases each year. This past year it obviously didn’t since there was no COLA -but her medicare and supplement went up.

[UCGal]

I think inflation has hit healthcare the hardest.

My inlaws are fixed income. My mother in law jokes that the SS COLA does not cover the medicare and supplemental increases each year. This past year it obviously didn’t since there was no COLA -but her medicare and supplement went up.

[UCGal]

I think inflation has hit healthcare the hardest.

My inlaws are fixed income. My mother in law jokes that the SS COLA does not cover the medicare and supplemental increases each year. This past year it obviously didn’t since there was no COLA -but her medicare and supplement went up.

[UCGal]

That’s good to know Captcha.

[UCGal]

That’s good to know Captcha.

[UCGal]

That’s good to know Captcha.

[UCGal]

That’s good to know Captcha.

[UCGal]

That’s good to know Captcha.

[UCGal]

We cross posted… I didn’t see your first “I see” till after I’d posted. Sorry.

And I totally agree about the costco amex being one of the better paybacks… 3% on gas that I’d be buying anyway… I’ll take it.

It works as long as you pay off the bill every month. If you have credit debt your best rate of return is to pay it down.

[UCGal]

We cross posted… I didn’t see your first “I see” till after I’d posted. Sorry.

And I totally agree about the costco amex being one of the better paybacks… 3% on gas that I’d be buying anyway… I’ll take it.

It works as long as you pay off the bill every month. If you have credit debt your best rate of return is to pay it down.

[UCGal]

We cross posted… I didn’t see your first “I see” till after I’d posted. Sorry.

And I totally agree about the costco amex being one of the better paybacks… 3% on gas that I’d be buying anyway… I’ll take it.

It works as long as you pay off the bill every month. If you have credit debt your best rate of return is to pay it down.

[UCGal]

We cross posted… I didn’t see your first “I see” till after I’d posted. Sorry.

And I totally agree about the costco amex being one of the better paybacks… 3% on gas that I’d be buying anyway… I’ll take it.

It works as long as you pay off the bill every month. If you have credit debt your best rate of return is to pay it down.

[UCGal]

We cross posted… I didn’t see your first “I see” till after I’d posted. Sorry.

And I totally agree about the costco amex being one of the better paybacks… 3% on gas that I’d be buying anyway… I’ll take it.

It works as long as you pay off the bill every month. If you have credit debt your best rate of return is to pay it down.

[UCGal]

[quote=flu]For me, personally, short term, I’d like to keep a percentage liquid…With CD rates like 1-1.5%, I gave up tieing any significant amount of money up for 1 year+ in a CD. 1-1.5% interest ends up being closer to 0.75-1% after taxes anyway…If rates happen to go up while you’re stilled tied down, you’re pretty screwed….[/quote]

That’s why I looked into the penalties for early withdrawal… it was precisely because I want to be able to move the money to higher rate cd if the rates go up. I explicitly asked the question at SDCCU… I can pull the money and reinvest it in a higher rate if the rates go up… No principal lost, the only thing at risk is the most recent 6 months worth of interest.

You’re only screwed out of 6 months of interest.

This is not the case on cd’s purchased through my brokerage account (Schwab)… My F.A wouldn’t let me cash those out early. Fortunately, the CD money I have there is at a higher rate so I’m not as worried about it. FWIW – my boss is the one who tipped me to the SDCCU policy… He’s done it several times – pulled out of lower rate cd’s and into higher rates if the rates popped up.

[UCGal]

[quote=flu]For me, personally, short term, I’d like to keep a percentage liquid…With CD rates like 1-1.5%, I gave up tieing any significant amount of money up for 1 year+ in a CD. 1-1.5% interest ends up being closer to 0.75-1% after taxes anyway…If rates happen to go up while you’re stilled tied down, you’re pretty screwed….[/quote]

That’s why I looked into the penalties for early withdrawal… it was precisely because I want to be able to move the money to higher rate cd if the rates go up. I explicitly asked the question at SDCCU… I can pull the money and reinvest it in a higher rate if the rates go up… No principal lost, the only thing at risk is the most recent 6 months worth of interest.

You’re only screwed out of 6 months of interest.

This is not the case on cd’s purchased through my brokerage account (Schwab)… My F.A wouldn’t let me cash those out early. Fortunately, the CD money I have there is at a higher rate so I’m not as worried about it. FWIW – my boss is the one who tipped me to the SDCCU policy… He’s done it several times – pulled out of lower rate cd’s and into higher rates if the rates popped up.

[Author]

Posts