by Rama » Thu Apr 15, 2021 8:27 pm
Guest9999 wrote: ↑Thu Apr 15, 2021 7:35 pm
Thinking of the old, "IF it seems to good to be true,..." quote, how high would micro-finance term deposit rates need to be for you to say, "Nope, this must mean they are F'kd?"
Or at least they are very confident high inflation is around the corner.
Back to the good old days of 14% per annum at Chamroeun Microfinance or the very common 12% at AMK, VisionFund, Kredit etc.
I did well enough out of those, and the exchange rate back then was about 4250:1 as well.
The 7-8% offered now is pathetic.
I'm going to start buying more land.
[quote=Guest9999 post_id=1029854 time=1618490137]
Thinking of the old, "IF it seems to good to be true,..." quote, how high would micro-finance term deposit rates need to be for you to say, "Nope, this must mean they are F'kd?"
Or at least they are very confident high inflation is around the corner.
[/quote]
Back to the good old days of 14% per annum at Chamroeun Microfinance or the very common 12% at AMK, VisionFund, Kredit etc.
I did well enough out of those, and the exchange rate back then was about 4250:1 as well.
The 7-8% offered now is pathetic.
I'm going to start buying more land.