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Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: Poll: retirement income||Date: 10/2/2012 1:04 PM|
|Author: intercst||Number: 45707 of 66168|
Obama has gone a long way to kill off most of that with zero interest rates, too.......my 6-7% CDs ended and now you get 1.3% on a five year CD and 0.02% on a MMF.....
I agree that's a problem for timid investors who hold mostly CDs. On the other hand, the stock market has nearly doubled under Obama's sure hand. For someone like me with an 85%-90% stock asset allocation, it's a welcome change from the Chickenhawk years of Bush and Cheney.
$hit baby, we be raking it in, I'm gettin' two Eldorados.
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