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happy Mother's Day

May 9th, 2011 at 03:48 am

Happy Mother's Day, or perhaps Happy Mothers' Day. I'll go generic since me mum died in 2003.

Some doings on the fiscal front for the small money. I've still have to remember that I bank at the credit union instead of my bank. Just yesterday when I planned my day I plan to hit the bank then... no, no scratch that, hit the credit union in the Safeway.

The interest rate on both checking and saving is 6% on the first $500, 0.1% on anything above it. It means that I have to figure out when to slice off some savings when it gets to be $1000 or so. ($500 @ 6%, $500 @ about 0% ... 3% is about my target). This time around I had $300 that I put into my Sysco (SYY) drip.

The variable interest rate on the I-bonds for these next 6 months is 4.6%.

Small money making small money. It feels as slow as being on a pumpkin pulled by gerbils, still every little bit of money is making something.

Right now I'm immersed in portfolio construction. Best book I've read so far is The Perfect Portfolio by Leland Hevner. Its interesting because it gives one a real nuts and bolts view of constructing a core and specialty investment portfolio. The Kiplinger book on portfolio construction reads like the same ol' same ol'.

2 Responses to “happy Mother's Day”

  1. retire@50 Says:

    I'm probably going to buy more I-bonds later this month too. Even at $5000 a year, they have consistently paid better than banks or CDs for the last few years.

  2. baselle Says:

    Yeah, I stopped buying I-bonds at about the time the fixed rate dropped to below 1%. Still, 4% right now is 4%. Just have to stomach the 6 month stretches when things are 0%. Smile

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