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Economics - Financial Markets
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To earn money on your investments, the rate of return must be higher than the rate of deflation. rate of inflation. interest rate. account fees. need help!!!
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I would suggest interest as interest is the 'zero' rate of return. Say if put $100 dollars into my bank and the interest rate is 3% pa at the end of the year I will have $103 (simplification) if I am to make money of such an investment I must earn more than $3 (3%)
must be higher than the rate of inflation
Rate of Inflation.
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