You prompted me to go check the rates. Royal Bank cut their “High interest e-savings” account from 1% to 0.05%. Absolutely retarded.
My stock portfolio was in oil and pipelines, so that’s going well. The government and its voter base are actively trying to destroy the industry that provides fuel and heat to the rest of the nation, and tax dollars to prop up the other failures. In the USA the zealots are going after pipelines that have been safely operating for decades, and I’m sure that they’re going to come after ours too.
I’ve been saving for a down payment, and it never feels like enough. Even with super low rates, you still need 2 incomes to pay for housing and the essentials. And the essentials keep creeping up in price.
But we've got super low interest rates right now, while it's another bad sign for our economies direction, it's a good time to pick up something tangible with our monopoly money before it goes to crap.
You prompted me to go check the rates. Royal Bank cut their “High interest e-savings” account from 1% to 0.05%. Absolutely retarded.
My stock portfolio was in oil and pipelines, so that’s going well. The government and its voter base are actively trying to destroy the industry that provides fuel and heat to the rest of the nation, and tax dollars to prop up the other failures. In the USA the zealots are going after pipelines that have been safely operating for decades, and I’m sure that they’re going to come after ours too.
I’ve been saving for a down payment, and it never feels like enough. Even with super low rates, you still need 2 incomes to pay for housing and the essentials. And the essentials keep creeping up in price.
But we've got super low interest rates right now, while it's another bad sign for our economies direction, it's a good time to pick up something tangible with our monopoly money before it goes to crap.