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To: spectre
Real Estate is in the toilet and CD and money market rates are laughable.

Scoring property at a low price isn't all that bad. Interest rates are @ about 5.5%. (I was going to wait for the baby boom to bust - which seems to be right around the corner - if not now!) And my retired neighbor lives off of CD's. What are they now - 5%? It's very safe and much better than tanking especially if there's plenty of loot involved.

Gold? It's never been valued at zero. It may have been good to buy around the $350 mark. To see it go much higher from the current $975? I dunno. It may be another way to go.

20 posted on 02/29/2008 4:31:48 PM PST by Libloather (February is Liberal Awareness Month.)
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To: Libloather
A ten year CD is around 4.8%, and that locks you in for ten years.

If inflation returns, it's a bad deal..IMHO.

sw

30 posted on 02/29/2008 6:22:06 PM PST by spectre (spectre's wife)
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