SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (19089)3/1/2000 5:49:00 PM
From: freeus  Respond to of 54805
 
Of course how could I forget (Bank CD paying 20%).
I inherited some money in 1982 and, not knowing much about investing and not wanting to waste it, I put it in an 8 year bank CD paying 16% interest. People said to me "You don't know what will happen: how can you tie up your money for 8 years?" But that sounded like a lot of interest to me!
Over the next few years, the interest rate went down, down down and the bank began telling me I could take out the money with no penalty as soon as I wanted!!!! (VVBG)
That money started me on my investing, when the 8 years was up.
Freeus



To: TigerPaw who wrote (19089)3/4/2000 7:43:00 PM
From: H Peterson  Respond to of 54805
 
TigerPaw...That brings up bad memories from the past.

<<I seem to remember buying a bank CD which payed over 20% at that time.>>

Right in that time frame (80-81)I had over $200,000 borrowed. The LAST year I was in business I paid a little over $43,000 in interest. (21%) That's a whole different story we aren't going to get into.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News