Home › Forums › Financial Markets/Economics › When will this stop?
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akbarpunjabi.
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May 20, 2008 at 10:05 AM #12798May 20, 2008 at 10:10 AM #208228
JWM in SD
ParticipantWhen the bond market and / or Foreign Creditors say no more. Or until the housing market and the resulting bad debt is nationalized by the Treasury and treasuries rates skyrocket in response. Oh wait, we will all get commensurate cost of living adjustments to make up for it right? Yeah right…if you still have a job that is.
May 20, 2008 at 10:10 AM #208286ParticipantWhen the bond market and / or Foreign Creditors say no more. Or until the housing market and the resulting bad debt is nationalized by the Treasury and treasuries rates skyrocket in response. Oh wait, we will all get commensurate cost of living adjustments to make up for it right? Yeah right…if you still have a job that is.
May 20, 2008 at 10:10 AM #208315ParticipantWhen the bond market and / or Foreign Creditors say no more. Or until the housing market and the resulting bad debt is nationalized by the Treasury and treasuries rates skyrocket in response. Oh wait, we will all get commensurate cost of living adjustments to make up for it right? Yeah right…if you still have a job that is.
May 20, 2008 at 10:10 AM #208342ParticipantWhen the bond market and / or Foreign Creditors say no more. Or until the housing market and the resulting bad debt is nationalized by the Treasury and treasuries rates skyrocket in response. Oh wait, we will all get commensurate cost of living adjustments to make up for it right? Yeah right…if you still have a job that is.
May 20, 2008 at 10:10 AM #208372ParticipantWhen the bond market and / or Foreign Creditors say no more. Or until the housing market and the resulting bad debt is nationalized by the Treasury and treasuries rates skyrocket in response. Oh wait, we will all get commensurate cost of living adjustments to make up for it right? Yeah right…if you still have a job that is.
May 20, 2008 at 10:59 AM #208293HLS
ParticipantDoc,,
You’ve sold yourself short..
4.8% was a crappy rate 2 years ago and 2.30% is crappy today, as well as 2,71% for a 1 YR CD..Liquid rates are in the high 3’s today, maybe 4%, and I am pretty sure that you can get well over 4% for a 1 or 2 year CD.
It’s FDIC insured. The govt is bailing out homeowners, they will bail out bank depositors too.Assuming that you want to have US$ account, I think it’s foolish to not go to the highest paying, riskiest FDIC insured joint.
Just know the FDIC limits of coverage per account, etc.
May 20, 2008 at 10:59 AM #208349ParticipantDoc,,
You’ve sold yourself short..
4.8% was a crappy rate 2 years ago and 2.30% is crappy today, as well as 2,71% for a 1 YR CD..Liquid rates are in the high 3’s today, maybe 4%, and I am pretty sure that you can get well over 4% for a 1 or 2 year CD.
It’s FDIC insured. The govt is bailing out homeowners, they will bail out bank depositors too.Assuming that you want to have US$ account, I think it’s foolish to not go to the highest paying, riskiest FDIC insured joint.
Just know the FDIC limits of coverage per account, etc.
May 20, 2008 at 10:59 AM #208379ParticipantDoc,,
You’ve sold yourself short..
4.8% was a crappy rate 2 years ago and 2.30% is crappy today, as well as 2,71% for a 1 YR CD..Liquid rates are in the high 3’s today, maybe 4%, and I am pretty sure that you can get well over 4% for a 1 or 2 year CD.
It’s FDIC insured. The govt is bailing out homeowners, they will bail out bank depositors too.Assuming that you want to have US$ account, I think it’s foolish to not go to the highest paying, riskiest FDIC insured joint.
Just know the FDIC limits of coverage per account, etc.
May 20, 2008 at 10:59 AM #208406ParticipantDoc,,
You’ve sold yourself short..
4.8% was a crappy rate 2 years ago and 2.30% is crappy today, as well as 2,71% for a 1 YR CD..Liquid rates are in the high 3’s today, maybe 4%, and I am pretty sure that you can get well over 4% for a 1 or 2 year CD.
It’s FDIC insured. The govt is bailing out homeowners, they will bail out bank depositors too.Assuming that you want to have US$ account, I think it’s foolish to not go to the highest paying, riskiest FDIC insured joint.
Just know the FDIC limits of coverage per account, etc.
May 20, 2008 at 10:59 AM #208436ParticipantDoc,,
You’ve sold yourself short..
4.8% was a crappy rate 2 years ago and 2.30% is crappy today, as well as 2,71% for a 1 YR CD..Liquid rates are in the high 3’s today, maybe 4%, and I am pretty sure that you can get well over 4% for a 1 or 2 year CD.
It’s FDIC insured. The govt is bailing out homeowners, they will bail out bank depositors too.Assuming that you want to have US$ account, I think it’s foolish to not go to the highest paying, riskiest FDIC insured joint.
Just know the FDIC limits of coverage per account, etc.
May 20, 2008 at 11:23 AM #208328Navydoc
ParticipantI was living overseas when I opened it 2 years ago. These are Navy Fed’s rates as of April. I completely agree that the 2.3 is crappy, that’s why I posted. It really pisses me off. When the money becomes liquid in June I may be open to suggestions on what to do with it.
Please understand, I have NEVER stated I was a financial genius. I’ll leave that to the traders in here. Most of my efforts, this blog notwithstanding, go to making myself a better physician. As I’ve stated before, I think it is extremely difficult to be a good physician AND a good businessman. They seem to require different types of minds.
May 20, 2008 at 11:23 AM #208386ParticipantI was living overseas when I opened it 2 years ago. These are Navy Fed’s rates as of April. I completely agree that the 2.3 is crappy, that’s why I posted. It really pisses me off. When the money becomes liquid in June I may be open to suggestions on what to do with it.
Please understand, I have NEVER stated I was a financial genius. I’ll leave that to the traders in here. Most of my efforts, this blog notwithstanding, go to making myself a better physician. As I’ve stated before, I think it is extremely difficult to be a good physician AND a good businessman. They seem to require different types of minds.
May 20, 2008 at 11:23 AM #208417ParticipantI was living overseas when I opened it 2 years ago. These are Navy Fed’s rates as of April. I completely agree that the 2.3 is crappy, that’s why I posted. It really pisses me off. When the money becomes liquid in June I may be open to suggestions on what to do with it.
Please understand, I have NEVER stated I was a financial genius. I’ll leave that to the traders in here. Most of my efforts, this blog notwithstanding, go to making myself a better physician. As I’ve stated before, I think it is extremely difficult to be a good physician AND a good businessman. They seem to require different types of minds.
May 20, 2008 at 11:23 AM #208442ParticipantI was living overseas when I opened it 2 years ago. These are Navy Fed’s rates as of April. I completely agree that the 2.3 is crappy, that’s why I posted. It really pisses me off. When the money becomes liquid in June I may be open to suggestions on what to do with it.
Please understand, I have NEVER stated I was a financial genius. I’ll leave that to the traders in here. Most of my efforts, this blog notwithstanding, go to making myself a better physician. As I’ve stated before, I think it is extremely difficult to be a good physician AND a good businessman. They seem to require different types of minds.
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