Suppose you are in the high income tax bracket. Federal tax plus CA tax plus investment tax totally (37+10.3+3.8) 51.1%. Inflation eat 3%. what left is 5.8 - 2.96 - 3 =-0.16%. In high inflation environment CD is not going to make you money.
You hardly make 1% true income with CD
所有跟帖:
•
關鍵是過去一年買CD隻虧0。16%,買股票虧16%都不止吧
-bigcat2026-
♂
(0 bytes)
()
11/03/2023 postreply
22:05:56