Skip to content
Archive of entries posted on 24th July 2017

High interest rates equal high risk. But these days “high” interest rates aren’t so high.

When my father was an investment banker, he paid 24% to his depositors. That was in the glorious ’50s, when triple -tax-free muni bonds paid 17%. Since then interest rates have done nothing but fall and fall. I’m getting paid 0.10% a year on my JPMorgan Chase “Savings” Account, but 2.2% dividend yield on my […]