Savings Acct Questions - Page 2 - TigerDroppings.com

Posted byMessage
Vols&Shaft83
Tennessee Fan
Member since Dec 2012
8743 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






Back to top
OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3423 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


Back to top
Dead Mike
LSU Fan
Cell Block 4
Member since Mar 2010
1736 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.






Back to top
BACONisMEATcandy
LSU Fan
My opinions are my own
Member since Dec 2007
40236 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






Back to top
Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3518 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.






Back to top
Homesick Tiger
LSU Fan
Greenbrier, AR
Member since Nov 2006
12456 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.






Back to top
S
Mercer Fan
ResurrectQuin
Member since Jan 2007
55611 posts

re: Savings Acct Questions


cool.

guess i should look further into this.






Back to top



Back to top