The rates that used to run between 5 and 10 percent, however, now they are ludicrously low, simply to keep everything stimulated. One day these rates will rise, and what will that do?
… how do you know it ever happened? I remember reading that in a Tom Clancy novel and thinking that really does make a lot of sense, and it is very important in Financial Planning.… Read More »If it’s not written down…
Lower interest rates are the best thing for you if you have debt, however, you must take advantage of your increased ability to pay them off at low rates.
A household’s debt as a percentage of it’s net worth keeps dropping. What does this mean? It means we are worth more and/or our debt is worth less as a percentage of what we… Read More »Canadian Household Net Worth Up
