Author Topic: Government Day-to-Day  (Read 13996 times)

0 Members and 0 Guests are viewing this topic.

Offline wilber

  • Moderator
  • Full Member
  • *****
  • Posts: 7476
Re: Government Day-to-Day
« Reply #615 on: September 06, 2020, 02:40:36 pm »
If you invest $100 K in a ten year government bond at 0.5 % that has your interest taxed at 25% and inflation averages 2%, after 10 years, your 100K will have been been worth less than 85K. Does that sound like a good investment?
"Never trust a man without a single redeeming vice" WSC