First off, I added some pictures that Jenny has finally unloaded from her cameras, so check out the photos tab to the right to view them. Anyway, I worked all day Saturday until about 7:15pm, then Jenny, her mom, and I went to the Wichita Wingnuts game. Jenny won tickets on the radio, and we had a great time even though we didn’t get to the game on time nor did we stay until the end of the 9th inning. They are the minor league replacement team for the Wranglers, who moved to Arkansas. Coincidentally, the Wingnuts manager - Kash Beauchamp - made national headlines after July 9th’s game for his funny tirade:
With tickets ranging from $6 to $12, I think we’ll go again soon.
We left at the bottom of the 8th inning to drop of Jenny’s mom and pick up some friends to go to the Loony Bin comedy club to see the Sandman. He is a very, very raunchy comedian hypnotist and it was our second time to see him make the audience do funny and dirty things.
I was recently impressed with the concept of CD Laddering. This involves taking a handful of CDs (Certificate of Deposit), spreading their maturity dates out, then re-investing the CD as they mature. This helps make sure you get a good rate of return (like at a 5-year rate) while still having a CD mature at a much more frequent rate (such as yearly)
Lets say I have $5,000 to invest yearly into CDs. Instead of creating a 5-year CD at $5,000 for the first year, I instead create 5 different CDs at $1,000 each: $1,000 in a 1-year CD, $1,000 in a 2-year CD… until the last $1,000 is placed in a 5-year CD.
The 5-year CD will earn a higher interest rate and will be compounded more times than the previous four CDs. However, the following year, the $1,000 in the 1-year CD will have matured. The newly-matured CD plus the $5,000 I have to invest yearly should then be re-invested in a 5-year CD. This cycle continues every year. After five years, a 5-year CD complete with the benefits of being compounded 60 times at a high interest rate will mature yearly!
Anyway, I worked all day Saturday until about 7:15pm, then Jenny, her mom, and I went to the Wichita Wingnuts game. Jenny won tickets on the radio, and we had a great time even though we didn’t get to the game on time nor did we stay until the end of the 9th inning. They are the minor league replacement team for the Wranglers, who moved to Arkansas. Coincidentally, the Wingnuts manager - Kash Beauchamp - made national headlines after July 9th’s game for his funny tirade:
