The fact that we're seriously debating raising rates from 0.11% to 0.235% or 0.36% within a year almost 6 years into recovery is a joke.
— Rudolf E. Havenstein (@RudyHavenstein) March 24, 2015
Wednesday, March 25, 2015
Obviously $2.5Mil isn't what it used to be, thankfully there is no inflation (cough). I love the mention of investing your savings for a 7% return, um and which liquid asset has a long term return of 7%+, a savings account? Gee maybe gold, but CNBC couldn't bring themselves to mention that, even if they knew.