Talk of The Villages Florida - View Single Post - How has the stock market been treating you?
Thread: How has the stock market been treating you?
View Single Post
 
Old 12-16-2022, 09:42 AM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 17,461
Thanks: 3,056
Thanked 16,628 Times in 6,569 Posts
Default
Quote:
Originally Posted by chrissy2231 View Post
I'm 76 & decided to preserve money. I sold everything and went into laddered CD's.
CDs were a good investment 30 to 40 years ago. But, since then, the Government's policy to punish savers and reward borrowers and spenders has turned them into a bad investment. Very sad.