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To: DoughtyOne
Printed money, lots of it, and no where to put it that is getting any type of return, but the market, so stuff looks good, and the more it is bought, the more the cost goes up.

The average savings, of those who have any has dropped more than 50% due to the dilution with more paper.

Currently, the next best place is paying down debt, saves on the interest charged, but it is not sexy, and with minimal risk, far less volatility, and possible profits, for those who like the risk.

14 posted on 10/12/2016 7:05:16 PM PDT by going hot
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To: going hot
Printed money, lots of it, and no where to put it... but the market...and the more it is bought, the more the cost goes up.

Bingo. A recipe for a big fat bubble.

19 posted on 10/12/2016 7:10:20 PM PDT by RC one (The 2nd Amendment is a doomsday provision, one designed for those exceptionally rare circumstances)
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To: going hot

I’ve converted my bill payment process. I’m running all purchases through my cash back card and I’m getting some great returns on my $1000 per month I run through there.

I’ve got a project I’m running through there, and I may make about 50% interest this year on that $1000.

The thousand is money I took from checking and savings, and simply replaces everything I was paying from my checking account.

I’ll get anywhere fro $300 to $500 dollars from cash back, dumping my month’s bill money in just before the cycle date lowing the interest charged, and also taking advantage of special offers that I would have spent anyway.

For instance, I paid Hulu one month, and got it free for a perk the card company was offering.

Beats leaving the money in check and savings where I gain no interest at all.


29 posted on 10/12/2016 7:39:13 PM PDT by DoughtyOne (27 days: Until Presdient Pre-elect becomes President Elect Donald J. Trump. Help is on the way!)
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