Quote:
Originally Posted by sail33or
Well, I am going to help you guys out but I know there are less than smart among you.
At our age we should be 100% in CD's and live happily ever after. But as you know, the Government has made interest rates .0001 percent.
We are in unprecedented times. The old rules do not apply. We are so deep in debt, mathematically it can never be repaid.
There is a Woke War on Oil. Logically (for you intelligent folks) this means a squeeze on the very thing all things depend. It will go up and up and up. No matter what. The world must have it. Buy Exxon and consider it a CD.
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Conservatism is ok but 100% in CD's is prescription for most people running out of money.