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Forum » Is investing in CDs goi behaviour?
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Thread: Is investing in CDs goi behaviour?

post 10000209574 06-11-2026, 07:04 PM
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Is investing in CDs goi behaviour?

My friends are saying I’m a stupid goi for investing in them but to me the guranteed money is better than hypothetical money
If the market does good
post 10000209588 06-11-2026, 07:13 PM
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Inflation is greater than the interest in CDs.
post 10000209605 06-11-2026, 07:32 PM
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All investing is a scam to the average person.


Everything is a scam to the average person.

The average person is a tool for the machine.
“The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.“

PS: Don't eat poop, just don't let the idea of it stop you from living life to its fullest.
post 10000209619 06-11-2026, 07:49 PM
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Originally Posted By Ironmanlet⏩
All investing is a scam to the average person.


Everything is a scam to the average person.

The average person is a tool for the machine.
Sounds like something the average person would say
See Shakebrah's sig
post 10000209631 06-11-2026, 07:57 PM
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Originally Posted By SuperHercules⏩
Sounds like something the average person would say
A strong indication I am not elite is that I am on the misc.
“The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.“

PS: Don't eat poop, just don't let the idea of it stop you from living life to its fullest.
post 10000209641 06-11-2026, 08:10 PM
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The easiest way to make money is to buy a house, and rent it by the room. You can also make the living room a separate room.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 10000209646 06-11-2026, 08:13 PM
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You can get similar returns to CDs without locking your money in for 12 months
post 10000209653 06-11-2026, 08:18 PM
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Originally Posted By SuperHercules⏩
Sounds like something the average person would say
More like below average
post 10000209656 06-11-2026, 08:20 PM
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Originally Posted By Godfrd824⏩
The easiest way to make money is to buy a house, and rent it by the room. You can also make the living room a separate room.
Then the government makes you pay tax on the total rental income but you can only deduct the interest from the mortgage as a business expense so your paying taxes on money your not even really making sounds like great income for someone who’s retired but not for someone already working a career
post 10000209660 06-11-2026, 08:22 PM
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Originally Posted By Basedbabyy⏩
Then the government makes you pay tax on the total rental income but you can only deduct the interest from the mortgage as a business expense so your paying taxes on money your not even really making sounds like great income for someone who’s retired but not for someone already working a career
Lol, you need to make a lot of income to actually pay any taxes on rental income.
post 10000209663 06-11-2026, 08:24 PM
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Originally Posted By OliverHeldens⏩
Lol, you need to make a lot of income to actually pay any taxes on rental income.
If I charge 2k a month and my mortgage is 1000 then the irs expects me to pay tax on the full 2k so I’m only making 1k before expenses but I’m expected to pay double that in income tax
post 10000209669 06-11-2026, 08:29 PM
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Maybe vinyl would be more interesting. CDs haven't aged well.
See Shakebrah's sig
post 10000209690 06-11-2026, 08:44 PM
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Originally Posted By Basedbabyy⏩
Then the government makes you pay tax on the total rental income but you can only deduct the interest from the mortgage as a business expense so your paying taxes on money your not even really making sounds like great income for someone who’s retired but not for someone already working a career
Why tell the IRS at all?
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 10000209691 06-11-2026, 08:45 PM
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Originally Posted By Godfrd824⏩
Why tell the IRS at all?
Cuz I can’t get away with crime I’m White Not a Somali
post 10000209698 06-11-2026, 08:47 PM
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Originally Posted By Godfrd824⏩
The easiest way to make money is to buy a house, and rent it by the room. You can also make the living room a separate room.
Is it more profitable to speak Spanish and bunk 10 Mexicans in each room or is it more profitable to speak Hindi and bunk 10 Indians in each room?
Balding is death. If you have no hair, you have no life.
post 10000209702 06-11-2026, 08:49 PM
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Originally Posted By monster0ultra⏩
Is it more profitable to speak Spanish and bunk 10 Mexicans in each room or is it more profitable to speak Hindi and bunk 10 Indians in each room?
Mexicans can fix your house if you get on their good side. With Indiana the smell will never come off. Anything but a full gut just won't do.

Originally Posted By Basedbabyy⏩
Cuz I can’t get away with crime I’m White Not a Somali
Statistically whites get away with the most crime.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 10000209705 06-11-2026, 08:50 PM
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Originally Posted By Godfrd824⏩
The easiest way to make money is to buy a house, and rent it by the room. You can also make the living room a separate room.
doesn't a miscer rent a house out in some oil field state or whatever and basically rent out rooms, like what you described


rent out rooms to mexicans. they'll pay cash money and generally will just be there to sleep and shower.
💋👨🏽‍🍳🇨🇴
AP4 Crew
post 10000209710 06-11-2026, 08:51 PM
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Originally Posted By p7nk⏩
doesn't a miscer rent a house out in some oil field state or whatever and basically rent out rooms, like what you described


rent out rooms to mexicans. they'll pay cash money and generally will just be there to sleep and shower.
Yes. He owns like 20 houses that he rents out per room to oil field workers.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 10000209739 06-11-2026, 09:08 PM
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Originally Posted By p7nk⏩
doesn't a miscer rent a house out in some oil field state or whatever and basically rent out rooms, like what you described


rent out rooms to mexicans. they'll pay cash money and generally will just be there to sleep and shower.
I put the cash in a hole, and when I leave he takes the money out of said hole
post 10000209808 06-11-2026, 10:24 PM
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Yes absolutely retarded behavior. You earn like 4% and get raped on taxes. You'll be lucky to beat inflation.
post 10000210073 06-12-2026, 06:39 AM
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Originally Posted By MiscDetective⏩
Yes absolutely retarded behavior. You earn like 4% and get raped on taxes. You'll be lucky to beat inflation.
What’s better? and how are the taxes any worse than regular income tax?
post 10000210082 06-12-2026, 06:47 AM
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Originally Posted By p7nk⏩
doesn't a miscer rent a house out in some oil field state or whatever and basically rent out rooms, like what you described


rent out rooms to mexicans. they'll pay cash money and generally will just be there to sleep and shower.
"Some oil field state or whatever"

Are you fkn kidding me? Coffeyville is the cultural and economic powerhouse of the midwest, maybe of the entire country.
post 10000210088 06-12-2026, 06:54 AM
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Originally Posted By SuperHercules⏩
Maybe vinyl would be more interesting. CDs haven't aged well.
Yeah they have. They’ve been around for over 30 years now and many people still use them. I do and prefer them for vehicles.
When he regains consciousness, double the voltage.



post 10000210090 06-12-2026, 06:55 AM
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Originally Posted By John
"Some oil field state or whatever"

Are you fkn kidding me? Coffeyville is the cultural and economic powerhouse of the midwest, maybe of the entire country.
Covfefeville
When he regains consciousness, double the voltage.



post 10000210094 06-12-2026, 06:58 AM
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Originally Posted By Jughead96⏩
Yeah they have. They’ve been around for over 30 years now and many people still use them. I do and prefer them for vehicles.
Everyone I know switched to digital media except for some nerds who collect vinyl
See Shakebrah's sig
post 10000210098 06-12-2026, 07:00 AM
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Originally Posted By Basedbabyy⏩
What’s better? and how are the taxes any worse than regular income tax?
The taxes on a CD aren't worse than ordinary income tax.

However many types of investments such as stocks, real estate, I-bonds, EE bonds, treasury bonds, etc get tax breaks while CDs do not get any tax breaks.

There are ways for you to hold a CD and not pay any taxes (ex in a Roth IRA) but they come with trade-offs and it does not seem like you are planning on doing that here.

You should find a decent accountant or financial advisor for tax advice.
post 10000210105 06-12-2026, 07:05 AM
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Originally Posted By MiscDetective⏩
The taxes on a CD aren't worse than ordinary income tax.

However many types of investments such as stocks, real estate, I-bonds, EE bonds, treasury bonds, etc get tax breaks while CDs do not get any tax breaks.

There are ways for you to hold a CD and not pay any taxes (ex in a Roth IRA) but they come with trade-offs and it does not seem like you are planning on doing that here.

You should find a decent accountant or financial advisor for tax advice.
How do you save on taxes with real estate?
I know about Roth IRAs and have a little money in one but I don’t like the idea of my money being locked up till I’m 60
post 10000210131 06-12-2026, 07:24 AM
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Originally Posted By Basedbabyy⏩
How do you save on taxes with real estate?
I know about Roth IRAs and have a little money in one but I don’t like the idea of my money being locked up till I’m 60
The main way people save on taxes with real estate is depreciation. The government says buildings get less valuable every year (whether or not this is true), this is called depreciation. Therefore if you own a building you can subtract the depreciation from the rents that building generates. This means that a lot of the rent is tax-free.

You can take out your initial investment in a Roth without fees any time. Only the earnings are subject to a lock-up, and there are certain scenarios where you can get around that too. So your money isn't really locked up.

https://www.schwab.com/ira/roth-ira/withdrawal-rules#fx_deck_201596
post 10000210142 06-12-2026, 07:29 AM
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Originally Posted By MiscDetective⏩
The main way people save on taxes with real estate is depreciation. The government says buildings get less valuable every year (whether or not this is true), this is called depreciation. Therefore if you own a building you can subtract the depreciation from the rents that building generates. This means that a lot of the rent is tax-free.

You can take out your initial investment in a Roth without fees any time. Only the earnings are subject to a lock-up, and there are certain scenarios where you can get around that too. So your money isn't really locked up.

https://www.schwab.com/ira/roth-ira/withdrawal-rules#fx_deck_201596
I assume when you say building you mean a multi housing situation and I don’t have nearly enough money for that
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