-  [JOIN IRC!]


[Return]
Posting mode: Reply
Name
Subject   (reply to 372)
Message
File
Password  (for post and file deletion)
¯\(°_O)/¯
  • Supported file types are: BMP, DOC, GIF, JPG, PDF, PNG, RAR, TXT
  • Maximum file size allowed is 1000 KB.
  • Images greater than 400x400 pixels will be thumbnailed.
  • Currently 173 unique user posts. View catalog

  • Blotter updated: 2023-01-12 Show/Hide Show All

File 140006583072.jpg - (18.19KB , 250x250 , OutofFocus-big.jpg )
372 No. 372
I have worked hard to pay off all my outstanding debts, and achieved a net worth that has a 'positive' symbol in front of it. My total savings at this juncture are around $5000 and my fortnightly contributions are expected to remain steady at precisely $500 a fortnight for the two years to come. I rent a house and have a company car.

My total assets include one neglected motorcycle and a case of scotch.

This saved money goes into a savings account with 'local bank 003' and generates 3.71% interest P.A paid monthly PROVIDED I don't withdraw any money.

This is the best savings account I could find amongst the major banks.

My question here is, is this the best thing I could be doing with my fortnightly scrimpings? To invest heavily in some thing or other takes a chunk of capital, and that capital, I assume, can't be paid into at steady amounts, so what options are available to someone with a small initial investment of $5000 and regular input that's going to net me better than 3.71% P.A?
>> No. 375
Buy corporate paper? I'm actually interested in this, if anyone has experience.
>> No. 410
Get your consumables cheaper. As part of the employee training at Target, they teach you that if a customer argues over a price, and the full price is under $20, to just give it to them for whatever price they claim. It’s cheaper for the company to move on to the next customer than to call in a price check.
>> No. 414
Oh and one earns paychecks in exchange for the provision of value, not the expenditure of effort. Aim to work smart, not hard, and if hard work is smart work then okay.


Delete post []
Password  
Report post
Reason