We always like to look at the positive side of things. As bad as CD rates in the US are for investors, you could have to deal with French T-Bills which sell at a negative interest rate! I know that’s hard to believe, but here’s the AP news release:
“. . . France, the No. 2 economy in Europe, has high debts of its own and 10-percent unemployment, and is struggling to avoid a new recession. France’s government sold (EURO)6 billion in short-term bonds at negative interest rates Monday, as investors flock to the perceived safety of Europe’s larger economies. It was the first time rates entered negative territory, according to the French Treasury. . .
In Monday’s bond sale, the treasury sold three-month bonds at -0.005 percent, and six-month bonds at -0.006 percent. The treasury agency says it’s the first time they have registered negative yields.”
Spending more than you have can be dangerous. Don’t you wish Congress and the White House understood this? On the positive side there are things that you can do in your business to increase it’s worth much more than the current investment
yield. E-Mail us for some ideas and analysis.
Image via FreeDigitalPhotos.net
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