I don't disagree with that thought....
I don't do well with having that extra money available to me, it won't get invested it will get spent. The discipline to save and invest is already being done, as is all merit increases no longer get included in spending. The extra $100-$200 I'd gather in interest would be great but the potential for pissing away a majority or a good piece of the intial $2000 isn't worth the risk.
IMO it's pretty much a wash.
Also, FWIW, my 3 91 day $3,000 CDs aren't making all that much. Again, the risk of spending the money far outweighs the benefits to me of the extra $100-$200, I'd rather conciously sacrifice going out/buying something
__________________
I don't care if you are black, white, purple, green, Chinese, Japanese, Korean, hippie, cop, bum, admin, user, English, Irish, French, Catholic, Protestant, Jewish, Buddhist, Muslim, indian, cowboy, tall, short, fat, skinny, emo, punk, mod, rocker, straight, gay, lesbian, jock, nerd, geek, Democrat, Republican, Libertarian, Independent, driver, pedestrian, or bicyclist, either you're an asshole or you're not.
Last edited by Cynthetiq; 01-06-2005 at 07:28 AM..
|