Sunday, March 15, 2015

It's a crazy world out there….

Is this really for real….buying bonds that will pay a negative yield in order to get a secure investment?   And I thought 1.5% on GIC's was bad!  I remember my Dad getting 19.5% on Canadian Government Bonds that were completely secure.  Of course,  at the time we were paying 22% on a mortgage…

http://www.desertsun.com/story/morrisbeschlosseconomics/2015/03/02/morris-beschloss-economics-inflation-interest-yield/24259625/

And the Euro tumbling.