Re:Ask HN: What's the most valuable thing you can learn in a...
by joshspankit on Wednesday November 20, 2019 @07:45AM
(#21583391)
3% is the high-end of the “consumer” (aka “chump”) interest rates.
In fact, since inflation is about 3%, over time your money doesn’t grow. (Though, if you’re earning less than inflation your money is actually decreasing in value, so maintaining is better than that)
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Re:Ask HN: What's the most valuable thing you can learn in a...
by loco5niner on Thursday November 21, 2019 @02:46PM
(#21598653)
I got a 2.9% rate for my car loan and a 3.625 for my house. both pretty close to 3. Are my banks chumps?