An Autumn Afternoon at the Falls
Day: October 16, 2018πΎ
πΌοΈ Photos
October 16, 2018 5:14 pm Update
I don’t know about you, but I am sure happy that certificate of deposits are producing higher yields these days. π΅
While 2.5 APY on a FDIC-insured 1 year CD isn’t going to make one rich, it’s a lot better then in years past. And 1-year CDs are good because they only tie up your money for a year — and lack the short-term risk of index funds and other market investments. At 2.5 APY, if you park $50k for one year, you earn $1,265 in a year guaranteed by the federal government. π€
The yield curve is dropping, and it’s increasingly risky to have too much market exposure for paper you can’t sit on for a decade. π Sure, you’ll still losing money on certificate of deposits from inflation, but it’s not as bad as only a few years ago. While I am continuing to practice cost-averaging through my normal weekly investments, I am not going to throw wads of extra money into the market.
No Advertising Here
While I could probably make a few hundred bucks a year on my blog, I choose not to do advertising because I find it to be kind of annoying. π My blog isn’t that expensive to pay for the hosting, maybe $100 a year, πΈand it gives me an outlet to share my experiences and continue to expand my knowledge of GIS and mapping through practical experience. πΊ I don’t have internet at home, instead using public hotspots and my phone, so I figure the cost of hosting is far less then what I would pay for general internet.
White House reportedly shelves coal and nuclear power bailout – Axios
"The Energy Department can't figure out who would pay for it."
October 16, 2018 2:30 pm Update
Today has been a fairly cool day, only warming up to the low 50s. π€ We had some breaks of sun, but now it looks like it’s clouding back up again. Then again, such weather really isn’t that uncommon for the second half of October I guess. π
