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Janet
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Posts: 1,400
Happy New Year
In article >,
says...
>
> On Wednesday, January 6, 2016 at 11:06:23 AM UTC-5, Janet wrote:
> > In article >,
> > > Funny how banks are making huge profits these days while interest
rates
> > > are pitifully low. It is annoying after years of putting away money form
> > > earnings and inheritances into savings accounts. When various accounts
> > > come due and I have to go and see the financial consultant I see that
> > > the money I will get from it barely pays for the gas to drive over
> > > there. I can't help but think back to 1977 when I bought our house and
> > > was paying 10 1/4 % on the mortgage, and then had to renew in 1982 at 18
> > > 1/2%. Now that I have money in the bank it I am lucky to get 1-1/2%.
> >
> > Surely you can find guaranteed investments with a better return than
> > that? Even govt bonds here are paying 4%.
> >
> > Janet UK
>
> Checking accounts aren't investments,
? From D's post about putting away inheritances into savings accounts
and seeing his Financial adviser, I thought he was talking about money
invested.
Janet. UK
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