4 ms·
Nope, my house loan is 2.3% my liquid savings in FDLXX are about 5%. What you are saying is only true if your debt is incurred at the same time as your savings
by zbobet2012 2y ago
Nope, my house loan is 2.3% my liquid savings in FDLXX are about 5%. What you are saying is only true if your debt is incurred at the same time as your savings are accumulated. That's actually rather unlikely.
- wanderingmind 2y agoUS is an outlier with 30 year Fixed mortgage especially during COVID. Now for any new debt its significantly higher across the globe.
- zbobet2012 2y agoYou missed the point. Most people take on debt when it's cheap (low interest) and take on savings when they have high returns (high interest). You save when interest rates are high, you buy when interest rates are low. That interest rates change is global.