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Old 02-04-2010, 01:24 PM   #1
Alex
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Originally Posted by Ghoulish Delight View Post
Time to move that money into something that will actually earn something.
Good luck. If you find anything let me know. Short of the risk of actual investing, nothing has sufficient interest that I'm willing to be illiquid with the funds.

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Originally Posted by Andrew View Post
I'd rather give a no-interest loan to the government than the other way around.
While I'd rather go the other way (I'd rather owe $1000 than get a $5000 return). It has proven impossible to get the withholding adjusted correctly to avoid the underpayment penalty. Every year I say "please! take out more!" and then come tax time I still end up owing a few thousand and paying a penalty.

Still, I'd rather pay the penalty than deal with the hassle of deductions, accountants, and saving receipts.

Hopefully I'd do them this weekend so I know how much we owe and then wait until 4/15 to pay.
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Old 02-04-2010, 01:44 PM   #2
Ghoulish Delight
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Quote:
Originally Posted by Alex View Post
Good luck. If you find anything let me know. Short of the risk of actual investing, nothing has sufficient interest that I'm willing to be illiquid with the funds.
Well, even the paltry rate offered by my credit union for regular savings would be 25x the rate Chase is currently offering. But then, I can put most of what's in regular savings into something less liquid, so that's what I'll be doing.
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