Good post ... but make sure u understand that interest rates can go up !! Also it seems your interest rate calculations are incorrect .. I mean there is interest on interest with banks !!
You are viewing a single comment's thread from:
Good post ... but make sure u understand that interest rates can go up !! Also it seems your interest rate calculations are incorrect .. I mean there is interest on interest with banks !!
Oh the that was just a rough calculation and the overall concept should be still valid.