Which investment bank pays > 4% interest on an investment on this world-earth? In Uganda where I come from, my little saving is actually deducted by this thieving banks monthly. For me, am fine with that =< 4.5 % interest on my few Adas. I don’t have that ton of money to buy a ton of Adas at a go, will be doing DCA for the next 10yrs & I believe, I won’t regret it. Cheers to all.
3 Likes
@bensonmoima1 you’re absolutely correct. You have a great mindset. Very positive and committed for your future. Be well and enjoy your studies!
1 Like
Thanks Melanie
1 Like
A 5% reward rate is also a 5% inflation rate. Higher ‘reward’ = higher inflation - which turns out to not be a reward at all.