BoatBanter.com - View Single Post - Yay! Taxes Done

Keyser Soze

On 3/28/18 12:32 AM, wrote:
On Tue, 27 Mar 2018 19:53:07 -0400, Keyser Soze
wrote:

On 3/27/18 6:29 PM, Bill wrote:
Keyser Soze wrote:
On 3/27/18 1:03 PM, wrote:
On Tue, 27 Mar 2018 07:21:21 -0400, John H.
wrote:

On Mon, 26 Mar 2018 23:16:55 -0400, wrote:

On Mon, 26 Mar 2018 20:02:10 -0400, Alex wrote:

Update two... now 2.5%.

I guess I should be looking for a place to park the cash I am sitting
on, waiting for the bottom.

Five year is 2.65 at Pentagon Federal.

I do not want to be locked in for 5 years and the penalty for breaking
a CD is onerous.

2.65% Wow!

The root cause of disintermediation.

Maybe if you understood interest rates and investing, there would not be a
couple bankruptcy actions on your record.

Maybe if you looked up "disintermediation," you'd understand what I said.

I understood the word, I was just confused at why it fit into that
conversation.
Why would locking money in a non liquid CD for an attractive rate be
the root cause for people buying equities? It sounds like the opposite
to me. In real life I might be looking for something a little less
"paperish" anyway. I would really like to find a distressed property
but they are pretty hard to find these days. What the hell happened to
the Trump recession you promised me?

Typically, the term is used to describe the movement of money from a
low-yield site (such as a savings account) to a higher yield entity.