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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
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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.)
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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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