is that 3% per year? and as far as I understand it, it's a compound interest right ?
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is that 3% per year? and as far as I understand it, it's a compound interest right ?
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3% per year, compounded monthly. Both of these numbers may change in the future.
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that's double the inflation rate so I guess it's pretty decent, but a bit higher interest like 4% or 5% might get some outside attention because it's an almost risk free investment. Don't know if that would be feasible though
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I believe that is the plan, but we'll have to see how well everything else holds up in the 3% environment.
sounds great to me