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Interest rate?

FrankR · 2019-05-02 14:48:05

Do any of you remember what the interest rates were like before the financial crises of 2008? How much interest would I have got for £40,000 back then?

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Comments

Thrugelmir Posts: 89,546 Forumite

3 May 2019 at 6:42PM

Prism wrote: »

Probably but I hope not soon. I have a mortgage to pay and most of my wealth is in equities not cash

Leveraging with huge amounts of debt may not pay off as it did for previous generations.

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