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No, it's not. If you're steadily earning a 10% return on your investment, year over year, you are doing amazingly well and should stop doing whatever day job y
by jdrock 16y ago
No, it's not. If you're steadily earning a 10% return on your investment, year over year, you are doing amazingly well and should stop doing whatever day job you have now.
- a4 16y agoNot in South Africa. Look at the rates on South African government retail savings bonds: https://secure.rsaretailbonds.gov.za/ViewHistory.aspx https://secure.rsaretailbonds.gov.za/ViewHistory.aspx .
- dedward 16y agoStatements like that generally assume that that's an investment adjusted against inflation or devaluation......looking at the interest rate alone on a currency is meaningless without the rest.