To: rdcbn
We are going to be SO screwed when interest rates tick up.
Not me. I pulled out of the market and have all my stash in fixed income. I want higher interest rates. The sooner, the better.
4 posted on
08/07/2013 10:59:09 AM PDT by
Signalman
To: Signalman
If you hold bonds, your stash will decline in value if rates rise.
5 posted on
08/07/2013 11:38:46 AM PDT by
Toddsterpatriot
(Science is hard. Harder if you're stupid.)
To: Signalman
Oh, don’t worry . You will get higher rates. Remember in the seventies when you could get CD’s at 10% plus. My first mortgages was at 15.5% when I sold my home because it had an assumable mortgage. 15.5% was a deal then.
You will get what you wish for.
Except gas will be six bucks a gallon and food will be 25-30% higher than it is now. It’s all relative.
7 posted on
08/07/2013 11:54:54 AM PDT by
Vermont Lt
(Does anybody really know what time it is? Does anybody really care?)
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