|
If you're honestly thinking of "investing" in something that pays you less than the expected rate of inflation you're not thinking it through.
+2.0 percent CD, matures in a year
-3.5 percent expected inflation
----
=1.5 percent loss, plus the taxes
That's a seriously bad investment because you already know you'll lose buying power. I could think of a thousand better ways to invest money.
__________________
2001 986 S
|