Sunday, September 8, 2019

Digest for misc.consumers.frugal-living@googlegroups.com - 6 updates in 2 topics

barbie gee <booger@nosespam.com>: Sep 07 09:32PM -0500

Beaver_Fever@live.com: Sep 07 07:56PM -0700

> Has anyone ever done that?
 
> Or is that something one should avoid doing?
 
I've done it.
 
I hate laptops but need to be able to go on vacation from time to time.
Whoey Louie <trader4@optonline.net>: Sep 08 10:57AM -0700


> > Or is that something one should avoid doing?
 
> I've done it.
 
> I hate laptops but need to be able to go on vacation from time to time.
 
Also depends on what you mean by buying online. That could be anything
from buying a new one from HP to a used one on Ebay or Craigslist.
Any of those could be fine, it you know what you're doing, but the
CL path is obviously the most risky.
Beaver_Fever@live.com: Sep 07 08:05PM -0700

On Monday, July 10, 2017 at 3:07:49 PM UTC-7, Dennis wrote:
 
> Dennis (evil)
> --
> "There is a fine line between participation and mockery" - Wally
 
 
 
I just got $1000 for like 15 shirts. And this is having a pro sell them for me because I don't have time for that.
Beaver_Fever@live.com: Sep 07 08:08PM -0700

On Tuesday, October 24, 2017 at 4:49:14 PM UTC-7, John Weiss wrote:
> your $$ will be in very-short-term CDs or holding accounts with lower
> interest. Of course, YMMV depending on type of bank (brick, online,
> credit union...) and current special offers
 
So I bought 25,000 worth of some Fidelity short term treasury bond index fund a year ago. It's now worth 26,500.
 
Now what?
John Weiss <jrweiss98155@comcast.net>: Sep 07 09:57PM -0700

>> credit union...) and current special offers
 
> So I bought 25,000 worth of some Fidelity short term treasury bond index fund a year ago. It's now worth 26,500.
 
> Now what?
 
Now you do your own math, because 21blackswan didn't do it correctly.
1% of $100K is $1K/year, not $10K.
 
It is virtually impossible to get a consistent 12% yield today
($1K/month from your $100K). You MIGHT luck into a security that will
pay that for a while, but there is no way to predict which one it will be.
 
You cannot generate the income you want from a $100K investment; you
need more like $1,000,000. While CD yields have been in the 2-3% range,
and you got around 6% from your bond fund, both are likely to trend
downward as the Fed reduces interest rates. With the results you cite,
you would have gotten $6,000, or $500/month, if you had put all of the
$100K into that fund. Those results are not likely repeatable in
today's market.
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