bill_schubert | Finance mogel

Or mongrel.

I'd been looking at buying a bit of Ethereum to see if I can do better than inflation in my investments. In the past three or so days I've amassed $50 in Prolific so I cashed that out and added it to the $35 I'd already gotten from this month and the $100 or so from last. After looking at the fees which are not nothing in the Paypal system I bought $199 worth. Anything more would have triggered a higher fee. Less than that had enough fee that it didn't make sense. Just below $200 seems to be the sweet spot for us heavy duty finance types.

PayPal makes it very easy. From what I'm seeing in the news Crypto is moving into the real finance instrument sector so it will continue to grow in value faster than savings. I'll do both. I'll keep up my savings system using it for the stuff I really need and put my Prolific and occasional cash into Ethereum.

I've got a couple of more years before I have to draw down my IRA. That investment portfolio is not doing much of anything but losing money to inflation but investing into anything with bigger gains is too dangerous for the most emergency of my emergency money.

So I keep building up and using savings. So far, so good. I just paid off the new washer out of savings and will pay off the TV in probably 8 months at zero interest.

It will be interesting to follow the Ethereum. I've been a crypto hater since it first came out. I was nearly interested before Musk got involved but now it is increasingly going mainstream it is worth a try and I'm pretty much only putting funny money into it for now. I might try to do $200 per month for a while and see if I can keep that up with Prolific money and maybe a little side infusion from other sources.

I've got a late lunch today with one of the original members of the Higher State Tech company so maybe I'll get all the inside info from the company's collapse.