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View Full Version : What ever happened to the 4% annual cost of living adjustment????



ThongMagnet
06-12-2006, 11:01 PM
I'm glad my mortgage is locked in at 5.75%. The Fed seems hell bent to slow the economy this year.
Those with adjustables, expect another 1% this year and maybe 2% higher by the end of 2007.
I'm good for the next few years, but the paycheck has not kepted up with all these price increases lately, so I might have to adjust my savings downward.
What ever happened to the 4% annual cost of living adjustment????

Kilrtoy
06-12-2006, 11:03 PM
NO SHIT :mad: :mad: :mad: :mad: :mad: :mad: :mad:

jbone
06-12-2006, 11:35 PM
I've got 5 years left in my ARM, do you think I'll be okay. These rate hikes scare me.
J

Trailer Park Casanova
06-13-2006, 02:47 AM
4.2% Oct 1 here.

cc322
06-13-2006, 04:12 AM
What ever happened to the 4% annual cost of living adjustment????
Nothing .....we got 4.25 c.o.l.a. last year at my work. Whatever the national index is , we get :rollside:

a catered life
06-13-2006, 07:00 AM
well we havent got our cola in 2 years :cry:

cdog
06-13-2006, 07:30 AM
You traded your 4% raise for home equity. Now even that's gonna shrink. Ur DOOOOOOMMMMEEEEEDDDDDD!

CBadDad
06-13-2006, 11:26 AM
4% Bahahahahaha!!! That's some funny $hit. Haven't seen 4% in years.
Gave up our 2% COLA last year and paid an additional 3% into our retirenment.
This year we're paying 2% more into our pension.
No raise expected in the future either. Somehow the politicians mismanaging of the budget is our fault. Damn, if I ran my finances like those fools, I'd be thrown in jail.

OGShocker
06-13-2006, 11:41 AM
NO SHIT :mad: :mad: :mad: :mad: :mad: :mad: :mad:
Maybe if you worked instead of posting 24/7.... :D

little rowe boat
06-13-2006, 11:47 AM
Looks like we are about to sign a 4 yr. contract below the cola avg. 4% first yr. 3.5% second yr. 2.5% third yr. and 2% fourth yr. I hate 4 yr. contracts, we always get hosed in the long run.

SHAKEN Not Stirred
06-13-2006, 11:47 AM
Management is using it to fuel our boats..... :idea:
Now, get back to work...... :argue:
CJG
:p

SB
06-13-2006, 12:00 PM
Inflation has been low the past few years, other than fuel. Also union membership shrank.

4DAY4PLAY
06-13-2006, 02:15 PM
We are halfway thru a 3 year 21% contract...but we went a few years without a raise before this one, so its all a wash in the end.