SVB guess I’ll post a thread since no one else has I can see

[ConstitutionCowboy]

With intrest rates as low as they have been last the 20 odd years, there is very little money to made by loaning it out! We have been retired a little over 20 years and have not been able to make anything on CD's, all that time. It seems to me, this would have to be a factor in this problem?

No doubt. Especially with the rate of inflation so far outpacing what can be earned from savings, you end up losing value.

We don't rely on anything that could be earned from savings. We keep a small cash reserve on hand and invest in tangible things. We don't consider money as being tangible. It looses value faster than - well - eh - nothing seems to lose value anywhere near as fast as money except maybe a dip in the stock market.

Huh. I might be right for once in my life.

Woody

 

[Glocktogo]

I lost all my money when my wallet fell out of my pocket while boating.

It's funny when one's entire net worth can be kept in a pocket!

Woody

Well of course you don't have much money. You have a boat instead!

 

[SlugSlinger]