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multigraincracker

(38,129 posts)
21. What does that mean for inflation?
Tue Oct 7, 2025, 04:22 PM
Oct 2025

Waiting to close on a house I'm selling, so do I open a money market based on 9 month treasury notes if inflation is going up. If not I can open one at my bank at 3.5% based on, who knows.
The good thing is I can open more than one and switch back and forth with no penalty. One online bank has one based on treasury notes is paying 4.1 right now.
My hope is to have enough monthly income from it to 80% of my monthly bills with my incoming interest. Then our monthly income can go for travel and other crazy stuff. I'm retired with SS and a pension.. Wife is a RN and usually works 2 to 4 days a week doing home care.
A life time of saving and paying no interest, to having to spend it all on good living and having fun and cashing in on steady interest coming back in. Big change to get use to it. But, I'm going to give it try.

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Biden blame going to rev up in 3, 2, 1... kerouac2 Oct 2025 #1
What a perfect situation for Krasnov, gab13by13 Oct 2025 #2
Or 1500% MustBeTheBooz Oct 2025 #22
It's getting scary out there where I live Johnny2X2X Oct 2025 #3
Donald Trump is intentionally causing the next Great Depression. Initech Oct 2025 #18
... and then he'll claim: "Only *I* can save you from this depression!" Beartracks Oct 2025 #19
That's exactly what cult leaders do! Initech Oct 2025 #32
It's about power Johnny2X2X Oct 2025 #31
If GOP in charge - hard times not far behind. 617Blue Oct 2025 #29
Carlyle Group estimates only 17,000 jobs added in September progree Oct 2025 #4
This, in a country that needs at least 150,000 net new jobs EVERY MONTH just to keep up with population growth peppertree Oct 2025 #6
So we're down to relying on the WH and Carlyle/private equity firms for employment figures? nt wiggs Oct 2025 #15
So much winning peppertree Oct 2025 #5
everything he touches dies.... democratsruletheday Oct 2025 #7
But it's no use with his Chumpkins peppertree Oct 2025 #8
Please tell me that pictue is a joke IbogaProject Oct 2025 #10
It is...for now peppertree Oct 2025 #11
But hey, there's a golden age coming or something! Initech Oct 2025 #9
Just wait until January. roamer65 Oct 2025 #12
oh yes it will be. nt Javaman Oct 2025 #13
Joe Biden Johnny2X2X Oct 2025 #14
Project 2025 plans to eliminate the mandate for job growth and employment IronLionZion Oct 2025 #16
I have been unemployed since the end of April. milestogo Oct 2025 #17
Who the f6ck needs government data when a 34-time convicted felon..... wolfie001 Oct 2025 #20
What does that mean for inflation? multigraincracker Oct 2025 #21
Republicans did this to America Champp Oct 2025 #23
Repugs dweller Oct 2025 #26
Well, since trump is laying workers off instead of Figarosmom Oct 2025 #24
Here is the cure for Trumpism Playingmantis Oct 2025 #25
This is why the tangerine did away with the report liberal N proud Oct 2025 #27
GOP leadership. 617Blue Oct 2025 #28
that's an oxymoron mdbl Oct 2025 #30
Hreatest economy evah... 617Blue Oct 2025 #33
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