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URL:  http://boards.fool.com/we-have-42k-in-a-paypal-money-market-account-24014419.aspx

Subject:  Re: What to do now? Date:  4/24/2006  9:16 PM
Author:  AngelMay Number:  51377 of 75802

We have $42k in a PayPal Money Market account earning 4.52% interest/month.


I kinda doubt this.
If you are really earning 4.52% interest every month, I want in on that. :o)

I think you meant to say that you are earning an annualized 4.52% interest which is paid each month.

Lessee now.... 4.52% each month comes to.... 54.24% per year (and that's not even counting the compounding of the interest!)


My company pays me a pension and I receive 100% Disability from Social Security. Plus, my company pays me 50% of my salary until retirement age (67) as long as I continue to qualify. So, for the moment, we (my wife and I) receive $5471/month. All medical is paid through the company with usual co-pays, etc.



Holy Cow! You are sitting on easy street! And with insurance, too!


So, on to the subject of hand - What to do now?


Enjoy life? :o)

AM
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