Savings Acct Questions | Page 2 | TigerDroppings.com
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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
23280 posts

re: Savings Acct Questions

quote:

This he says is with seven figure compensation plans. Keeping up with the Jones is the problem.


Can't out earn stupidity


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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
4517 posts

re: Savings Acct Questions
quote:

His conclusion is that most of the senior partners with die working because of no retirement savings. This he says is with seven figure compensation plans


And here I am making a fraction, of a fraction, within a fraction, of what they make doing everything I can to assure retirement.
This post was edited on 5/14 at 3:18 pm


Dead Mike
LSU Fan
Cell Block 4
Member since Mar 2010
1823 posts

re: Savings Acct Questions
A few of my teachers in high school indoctrinated us on the merits of Roth IRA long term investing (i.e. invest 8000 by age 20 and you'll have 1,000,000 after retirement). These were the same teachers who ran stock market simulation games.

It was an imperfect and very focused lesson that I'm sure no one followed, but it did kind of make me eager to blindly start a Roth IRA acct way back then.


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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
42510 posts

re: Savings Acct Questions
quote:

i bank with bank of america. should i go with them? should i look elsewhere?


I will never do business with BoA

Amex keeps sending me mail with decent rates for a Savings account. I would look into them


Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3782 posts

re: Savings Acct Questions
quote:

Amex keeps sending me mail with decent rates for a Savings account. I would look into them


I have this, it pays about 1.0% and can easily transfer to/from my checking account with BoA.


Homesick Tiger
LSU Fan
Greenbrier, AR
Member since Nov 2006
15060 posts

re: Savings Acct Questions
quote:

wish i would have stayed awake thru economics classes so i would be more educated on this kind of stuff.
:

Sleeping during class is like an election - there are consequences.


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S
Mercer Fan
ResurreQuin
Member since Jan 2007
63307 posts
Online

re: Savings Acct Questions
cool.

guess i should look further into this.


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