Tuesday, January 01, 2008
Two - Four - Six
I guess my financial guide has been very simple for
me to use......#1 The inflation rate in the United
States, each year, is roughly about 2%.....Any
money invested or in a bank that is making less
than 2% a year in interest is a "loss".......
#2 The goal for a good investment is at least 4%...
This means that you did not lose any money
during the year and in fact made 2%......
#3 With all the ups and downs of Wall Street and
the Stock Market during the year 2007, the
total gain was 6%......No matter what people
want to tell you, 2007 was a good year.....Pumps
me to use......#1 The inflation rate in the United
States, each year, is roughly about 2%.....Any
money invested or in a bank that is making less
than 2% a year in interest is a "loss".......
#2 The goal for a good investment is at least 4%...
This means that you did not lose any money
during the year and in fact made 2%......
#3 With all the ups and downs of Wall Street and
the Stock Market during the year 2007, the
total gain was 6%......No matter what people
want to tell you, 2007 was a good year.....Pumps
# posted by Pumps @ 9:25 AM 
