Jeff Matthews
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Posts posted by Jeff Matthews
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It's interesting how times have changed. CD's don't provide squat, but that's because the Fed has made home-buying more affordable by reducing rates to rock-bottom.
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8 minutes ago, BigStewMan said:
chronologically, I'm 60; but many say that I've never grown up. The CD return was very good; but I think it was about this time that they came up with the Misery Index because inflation in 1980 was 13.5%.
CD rates in the 1980sOn average, 3-month CDs in early May 1981 paid about 18.3 percent APY, according to data from the St. Louis Federal Reserve. The reason interest rates were so high in the 1980s was due to high inflation. With inflation, the cost of goods and services rises and your money doesn't buy as much.Jan 8, 2021"Stagflation!" I remember that as a kid. It didn't register to me back then. I just knew it was "bad."
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2 minutes ago, BigStewMan said:
that's good then ... back in 1980, I had about a half dozen CDs that were earning over 17%
People must have been financing cars for 20%. I know they were paying 11%+ for car loans in the early 90's. That was the heyday, I was thinking about. I'm probably a little younger than you. In those days, you could get around 5-6% for CD's.
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8 hours ago, Bubo said:
All propped up with ZERP zero interest rates forcing people into the stock market for any return.
All stocked up on lead, tuna, and rice waiting for the big one......
Richard (Coytee) and I were just discussing this sort of thing. There is a false impression that the only choice is risky stocks and CD's which pay nothing. In the middle exist good dividend stocks. They yield better than CD's yielded in their heyday. Yields today on some very good companies are 7-8%.
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10 hours ago, Coytee said:
I got a chuckle when I heard the hedge fund guys were having it stuck to them.
Me, too. But sadly, I have a feeling that the hedge fund guys are investing other people's money, and a lot of unwitting people got burned.
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The $80 Turbotax for Home and Small Business creates and files them for you. I just did mine last week.
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I don't know if this will help any of you going through severe anxiety attacks, but one of my brothers described attacks he had similar to wuzzer's around 5-7 years ago. He said it scared him like he was going to die. He didn't really know what brought it on and had no history to help explain it. His doctor prescribed a small dose of Xanax. He said it worked very well, and in fact he weaned himself down to just taking a half a pill to keep the attacks at bay. I don't recall if he said anything happened far enough in advance of the attacks to make him know to take the Xanax as needed or if he took it around the clock. After a while of taking small dosage Xanax, he finally stopped taking any of it and has been fine ever since.
As far as anxiety goes, I have to wonder whether the anxiety comes from the heart palpitations or whether anxiety triggers the palpitations. If the attacks are really sudden and severe, don't assume it's necessarily a mental or mood issue. Also, different drugs work differently on different people. Don't be afraid to ask your doctor to experiment with different ones until you find a right fit.
Good luck!
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Did any of the mods get any belated Christmas gifts?
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Oops. Thought this was a PM.
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Delta to Wussies: Leave Your Pets at Home
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2 hours ago, RandyH000 said:
New COVID ‘Super Strains’ Could Disrupt Life Again
https://www.webmd.com/lung/news/20210107/new-covid-super-strains-could-disrupt-life-again
11 million population on lockdown with orders not to leave city.
https://www.foxnews.com/world/chinese-city-lockdown-coronavirus-surge
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50% in 2 months!
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Just in case you were too stoned and missed it.
https://www.nasdaq.com/articles/cannabis-stocks-may-be-2021s-big-winners-2021-01-07
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8 minutes ago, Bosco-d-gama said:
And I think China knew because it arrested anyone leaking covid19 information outside of formal pathways.
I don't agree. I think China had a reason for serious concern.
8 minutes ago, Bosco-d-gama said:With or without intent China weaponized the virus.
Without further evidence, I would believe it was without intent.
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20 minutes ago, Zen Traveler said:
Of course looking abroad for blame can be beneficial but so can looking at how the ones that handled it better fared and why.
Even then, science doesn't have an explanation. Why are there states which have been under tighter restrictions doing worse than ones with less restrictions?
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2 minutes ago, billybob said:
Guess who is following this...
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19 minutes ago, Zen Traveler said:
Sure. The mistake our government made was distancing ourselves from them and our allies during the pandemic.
Social distancing works.
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Chives have an awful funk, but they taste great! Scrambled eggs and chives make great breakfast tacos.
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7 minutes ago, Mallette said:
Not really going anywhere, just not posting much anymore. Way too boring
I've had the same experience. Except for not being able to argue politics in a private section, I don't see that much has really changed. I think we changed. There are a lot of people who've moved on. It takes some of us longer than others.
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On 9/22/2020 at 7:42 AM, Coytee said:
I've not looked yet, but I wonder if this is on a DVD?
Cast it to a smart TV through WiFi.
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1 minute ago, Dave A said:
Well it matters because there is a finite amount of legal taxpayer collected money to be spent on taking care of legal American citizens. The point I am making is the severity of the problem in California may indeed be self inflicted because of the take care of the world mentality out there. I suspect they have not built enough beds or hospitals to keep up with population increase and have made promises to take care of far more than they have money or capacity for. South Dakota might be a place to consider as a contrast.
It's California's fault? Maybe they should deny all of them medical care and just let them run the streets infecting others until they die.
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1 hour ago, dwilawyer said:
There is supposed to be a confirmed case of new strain in Colorado.
What's the credible info. on what effect vaccine will have? Or still too soon to tell?
Everything I've read says the vaccine producers believe the mutation is insignificant.
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Robin Hood etc....
in Lounge
Posted
You wouldn't know that by the record sales these days.