3% 5 Year CD @ Mercantil Bank

Nothing to think about mathjak. Our quality of life doesn't depend on this one stock. As a gift to our kids when the time comes, along with the recent shares we bought whatever they wind up with will help them. 38 years of accumulating never to be used or sold hopefully will exceed 50,000 shares or more to be their inheritance along with whatever is left over from our portfolios. Projections of less Soc. Sec. and the way health care costs escalate even though they are doing well now, the future looks bleaker than now. BUT should the need arise to sell there would be no hesitation since our kids are doing well


My intent was to point out buying opportunities exist. There my be some that would like a $2000.00 capital gain less short term capital gains taxes in one month. Long term except for the platinum futures I took a chance on in the !980's & Kraft stock works for us. Positioning us to live well on our 2 Soc. Sec. checks, 2 pension checks, 2 MRA checks each or 8 sources of taxable income each every month is enough. Not actually checks since all that is electronically deposited spread out over each month.
 

Nothing to think about mathjak. Our quality of life doesn't depend on this one stock. As a gift to our kids when the time comes, along with the recent shares we bought whatever they wind up with will help them. 38 years of accumulating never to be used or sold hopefully will exceed 50,000 shares or more to be their inheritance along with whatever is left over from our portfolios. Projections of less Soc. Sec. and the way health care costs escalate even though they are doing well now, the future looks bleaker than now. BUT should the need arise to sell there would be no hesitation since our kids are doing well


My intent was to point out buying opportunities exist. There my be some that would like a $2000.00 capital gain less short term capital gains taxes in one month. Long term except for the platinum futures I took a chance on in the !980's & Kraft stock works for us. Positioning us to live well on our 2 Soc. Sec. checks, 2 pension checks, 2 MRA checks each or 8 sources of taxable income each every month is enough. Not actually checks since all that is electronically deposited spread out over each month.
it's your money , good luck with it .

for the others here , this is why you don't chase yield and why you never should think that stocks of any type and cd's are ever replacements for each other .
 
it's your money , good luck with it .

for the others here , this is why you don't chase yield and why you never should think that stocks of any type and cd's are ever replacements for each other .

Thank you for the good wishes. Were enjoying what works for us & hope you are enjoying what works for you. As we both know others will do as we do figure out what works for themselves.
 
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I have a CD coming due at another bank this week, so I called my local bank who has offered a 3% 5 year CD for a few months now.

Beginning this week, the rate has been increased to 3.50% for new money... how's that for wonderful synchronicity !!

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