This is like all those surveys saying that 70% of Americans have less than $5000 in a “savings account.”
No shit, yields on savings accounts have been pointless for about two decades. Everyone with spare money puts liquid savings into index funds in margin accounts and runs on credit cards.
This is like all those surveys saying that 70% of Americans have less than $5000 in a “savings account.”
No shit, yields on savings accounts have been pointless for about two decades. Everyone with spare money puts liquid savings into index funds in margin accounts and runs on credit cards.