Given $100,000, is it possible to earn 1% ($1000) a month?
After a bit of research, it seems like the answer is No. The going rate for a CD is about 1% APY. This means, after a year, I'd get about a 1000 dollars. So, using a CD will earn roughly 12 times less than the goal ...
Monday, June 18, 2012
Last surgery for mom
Today, I took my mom to the hospital to have her chemotherapy port removed. This implanted device was used to deliver Cancer-fighting drugs. Thus, removal of the port signifies her successful battle with Cancer.
In other great Mom-related news, she told me that she has begun volunteering more as a Korean-English translator for those who need help in hospitals, courts, or other government offices like social security offices and DMVs. There are a few aspects of this volunteering that has given my mom a lot of joy. 1) She enjoys helping people. 2) She is utilizing her skills (past experience as a nurse, past experience as a patient). 3) She is gaining opportunities to learn about others experiences.
As I have been evaluating my career path, it's been inspirational to hear about my Mom who has found a new career path at the start of her "retirement".
In other great Mom-related news, she told me that she has begun volunteering more as a Korean-English translator for those who need help in hospitals, courts, or other government offices like social security offices and DMVs. There are a few aspects of this volunteering that has given my mom a lot of joy. 1) She enjoys helping people. 2) She is utilizing her skills (past experience as a nurse, past experience as a patient). 3) She is gaining opportunities to learn about others experiences.
As I have been evaluating my career path, it's been inspirational to hear about my Mom who has found a new career path at the start of her "retirement".
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