You are viewing a single comment's thread from:

RE: The true value of money.

in LeoFinancelast year

Great post. This is what I keep on telling my dad, saving money is not profitable anymore.

Sort:  

M interest rate from the bank is about 0.05%. IT's a joke. Back in their day you used to earn interest on your money and that would keep it moving with the inflation to a point.

Now it's just sitting there losing value every year. Money needs to be invested and keep it multiplying.

Posted Using LeoFinance Beta

Exactly