4 ms·

Might do better than the market in 5-10 years though...

• anm89 5y ago
  I don't disagree but it's still worth noting
• sethammons 5y ago
  back when I worked as an investment advisor, I met a lady who had a 30 year $250k CD with a fixed 15% (maybe higher). That was a solid investment!
  • anm89 5y ago
    Yeah that is one of the cases where the older generation really did have it way easier. Imagine having access to 15% CDs. I know 20% was out there too.
    • mdorazio 5y ago
      The flip side is that they were buying these things when other interest rates were also correspondingly high due to inflation, so they got hosed in other ways (think mortgages).