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To: sevinufnine

What are you getting in the bank? .05% interest. Your nest egg will be eaten up by inflation.

I lost money in the 87, 98 and 2008 crash but left it in and my account balances always came back in a few years greater than before the crash.

For example, I put $2000 and $1500 (3500 total) into a IRA Putnam account in 1987 and 1988. It is now worth over 40,000 and that is even with the 2 crashes it went through.


17 posted on 09/23/2021 12:40:36 PM PDT by setter
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To: setter
What are you getting in the bank? .05% interest. Your nest egg will be eaten up by inflation.

"Oh, please. Do me a favor. Don't use the word. You may not use that word. It's off limits to you! Only those in this house who understand nest egg may use it! And don't use any part of it, either. Don't use 'nest.' Don't use 'egg.' You're out in the forest you can point: 'The bird lives in a round stick.' And, and, and you have things over easy with toast!"

18 posted on 09/23/2021 12:43:34 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: setter

Um, they don’t tax my saving account, so I’m not understanding what you’re talking about.

But, I also inherited a couple hundred acres of land when my husband’s grandparents died which came to me after my husband passed. That, too is part of my nest egg for the future.


44 posted on 09/24/2021 4:10:30 AM PDT by sevinufnine
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