We’re in Uncharted Territory, With Unintended Consequences

One of the best things that ever happened to me was my grandfather gave me $5,000 when I was born. My dad then invested that money conservatively, in bonds, and by the time I was off to college, I had enough money saved up to pay for my education. I graduated with no debt. That was a huge benefit to me starting my life as an adult.

I got to thinking yesterday that I won’t be able to do the same for my unborn children. Interest rates are near zero, and in