Why should you settle for 0.01% interest in a savings account? Or be OK with a treasury bill which pays less than 2% per year? Back in 1990, you could have retired comfortably with a nest egg of $500,000. All you had to do was invest that money into a Treasury Bill, and you would have earned a steady 8% every year. That's $40,000 deposited into your account every single year from what most experts would consider the world's most stable investment. These days, if you invest $500,000 into the... Celý popis

Koupit za 445 Kč
  • Od nejoblíbenějších
  • Od nejlevnějších
  • Od nejdražších

Popis

Why should you settle for 0.01% interest in a savings account?
Or be OK with a treasury bill which pays less than 2% per year?

Back in 1990, you could have retired comfortably with a nest egg of $500,000.

All you had to do was invest that money into a Treasury Bill, and you would have earned a steady 8% every year.

That's $40,000 deposited into your account every single year from what most experts would consider the world's most stable investment.

These days, if you invest $500,000 into the same Treasury Bill, you won't be getting 8% per year, nowhere near that.

In 2020, a Treasury Bill paid just 1.25% every year.

That's just $6,250 income per year on a $500,000 investment.

And you can't live anywhere in the US, UK or Canada on $6,250 per
Zobrazit více

Parametry

Výrobce Freeman Publications Limited