View Single Post
Old 02-11-2008, 02:07 PM   #13 (permalink)
poetrychic
polka~holic
 
poetrychic's Avatar
 

Join Date: Oct 2007
Location: an octopus's garden in the shade....
Posts: 3,820
My Mood:
Thanks: 172
Thanked 235 Times in 148 Posts
Nominated 3 Times in 2 Posts
TOTW/F/M Award(s): 0
poetrychic is a spectacular PG memberpoetrychic is a spectacular PG member
Quote:
Originally Posted by DRS112 View Post
I don't think you're that old are you? If you ask me you should put it in something that earns a higher return....you can get 10% or better depending on how you allocate it in a IRA, mutual fund or whatever....

What does a high-yield savings give? 5%?
lol...no, i'm not that old

and usually, yes, but the bank i work for gives employees a bump on what the current rate is, so it's better to put it there than in my ira, especially with the volatility of the market recently...
__________________
"it was a creed written into the founding documents that declared the destiny of a nation, yes we can!"
poetrychic is offline   Top Reply With Quote