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Even 1% is still abysmal. Some of that 100k should be in cash, because liquidity is useful, but long-term returns on capital should be much closer to 5%.
by joeyo 11y ago
Even 1% is still abysmal. Some of that 100k should be in cash, because liquidity is useful, but long-term returns on capital should be much closer to 5%.
- ngokevin 11y agoOf course, but if you're going to have any sort of savings account, might as well have a higher-yield one.
- ansible 11y agoYes, 1% is bad. The "official" rate of inflation is low, but I think that it is bogus. Maybe pizza and cars haven't gone up in price much in the last decade, but other big things (such as education and health care) have.
- mywittyname 11y agoThe official rate of inflation is intended to be a measure an increase in the overall money supply; it's an average. The increased cost in certain segments is offset by deflation in other segments. While the healthcare market is booming, the energy sector has been decimated. In other words, life sucks if you're a sick oil worker, it's awesome if you're in medicine or production.