2024-09-06 12:11
GXB making the tough decision of lowering their rate from 3% to 2% p.a
Lots of people in the comments saying that it’s time to leave for X Bank, Y Platform.
Sounds too short termism to me personally.
It was obviously gonna happen at some point.
A business has to be sustainable.
Other players will also lower their rate eventually.
It’s clear as day.
To me, I don’t give a damn.
Even at 3%, that’s not a return for generational wealth anyway.
It’s just one of many places to park money.