Quote:
Originally Posted by johnniecakes
Hopefully soon it make sense again to save money. We have an entire generation who have no concept of planning and saving. Who remembers 4-5% on passbook saving and 11% mortgages with 20% down? When financial planning was really consideration and you had to deny yourself instant gratification.
Sorry, just a grumpy old man rant.  |
Yup, money market at 5%...
Heck, I remember 9% cd rates on 30 day notes in Canada...1990 or so iirc.