I remember when I first started actively investing in 1988, my local bank had these GICs valued at $2000 that paid monthly an annualized returns of 12.5%, or about $20 a month. That was a sweet time. Little risk and no hustling for high returns. Sigh, I miss those days. Perhaps they are now coming back!
Inflation baby, Yeah!
Credit crunch? No problem. Increase interest rates.
Lets talk about investing in its most purest form. Making money from money.
Notes:
This is a moderated forum. In order to ensure all participants have a collective knowledge of inflation (20 years ago) and are a thus able to contribute in a meaningful way, participation in this discussion is limited to individuals who are over 40 years old.
This is a discussion on the positive aspects of inflation and is for indiviuduals who have money. No sob stories please. No discussions on losing homes because of high mortgage payments, etc. |
