I’m All for Investing, I Just Don’t Believe in Those Rates

RatesWhen my grandma was alive, one of her favorite things to do was to marvel at the cost of everything in the grocery store. We’d scoot up and down the aisles, and she’d rattle off the cost of a loaf of bread, a sack of sugar, or a pound of butter from her Depression-era childhood. Though not nearly as consistent, either my mom or my dad will regale me with tales of CDs and savings accounts rates from their early adulthood once or twice a year. Anyone who has ever overheard those conversations knows they’re talking about the past. So why are we still talking about investment returns at 10%-12% mark in the present tense? It’s not that I don’t believe in investing; I just don’t believe in those rates. I especially don’t believe in those rates as a guideline for fledgling investors or people who are just trying to get their finances in order in 2016.  Continue reading “I’m All for Investing, I Just Don’t Believe in Those Rates”

I’m All for Investing, I Just Don’t Believe in Those Rates