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How does gas at $4 and higher impact you?

2183 messages, Last post on Nov 21, 2009 at 5:13 PM
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An article on the state of banks in this country, and the FDIC which is supposed to insure your money. I'm not saying you wouldn't evemntually get your money back, but it may take awhile. Hopefully we won't find out, but if the FDIC is anything like FEMA ... well we better put casjh under the mattress and fill the garage with gas/w Stabil in it. http://www.usatoday.com/money/industries/banking/2008-09-17-fdic-fund-below-targ- et-amount_N.htm |
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Replying to: snakeweasel (Sep 16, 2008 4:28 pm)
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Any of you guys have your 401K or other money safely tucked in a money market? Can't lose your gas money there right? http://www.marketwatch.com/news/story/money-fund-breaks-buck-snaps/story.aspx?gu- id=1AB6980B-6902-490C-A384-1D7B2C2479A1&dist=SecMostRead
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Replying to: kernick (Sep 17, 2008 5:59 am) I think mine is still paying about 3%, although if the Fed cuts rates again it'll drop. I did have to raid it slightly though, to finance my heat pump and electrical upgrades to the house. |
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Replying to: kernick (Sep 17, 2008 4:51 am) |
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Replying to: lemko (Sep 17, 2008 7:26 am) I think you'd have issues with stale gas too. Gas goes stale in a few weeks if not chemically treated. Sta-bil isn't all that cheap either. Sta-bil lasts about 12-15 months when mixed with fresh gas before storage. Diesel may be an option if you can convert your fleet to diesel cars and trucks. backwoodshome.com
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Replying to: lemmer (Sep 17, 2008 5:06 am) |
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Replying to: lemko (Sep 17, 2008 7:26 am) |
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Replying to: steve_ (Sep 17, 2008 11:57 am) That is a good article explaining different fuels and the storage problems. |
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Replying to: lemko (Sep 16, 2008 5:57 am) is anyone being POSITIVELY affected by the recent falling gas prices, slight as they are? I'm getting a little less cautious...like driving to the Safeway that's 2 miles away rather than the one that's .75 miles away.
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