When Are You Going to Apologise?

When are you going to apologise to your readers for your stupid advice!? They really will be ‘barefoot’ if they keep their ‘Mojo’ in a savings account, now the Reserve Bank has cut interest rates to a historical low of 1.75 percent! They won’t even have money to buy shoes!

Tony

Hi Tony!

I’ll take your exclamation marks and raise you!In all the time I’ve been Barefoot, I’ve never had anyone write to me and say “You bastard, Barefoot! The worst thing I ever did was take your advice and save some money so I could get some financial breathing space!”

Seriously, Tony, I view my Mojo savings the same way that way Warren Buffett sees the billion he has perpetually parked in zero-percent-returning US treasury bonds: the return is peace of mind ... and the ability to be greedy when other people are fearful.

Scott

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