Why Save Money in a Low Interest Rate Environment?
Prairie Eco-Thrifter
MAY 26, 2016
Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. Of course, depending on what we buy, we may experience some buyers remorse. Risk tolerance can dictate you save.
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