[quote=pri_dk]Sub 5% return counts as “soared in value”
?[/quote]
pri_dk, I didn’t run your math …
So does this mean a homebuyer considering purchasing on Cmno Serbal in “Nirvana” in 2001 could have instead invested at least $100K in 3 or 5 YR Jumbo CD’s and made more $$ after 6, 9, or 10 years holding them and rolling them over upon maturity (sans maintenance, insurance and property taxes)? Am I correct here??
3Y Average CD Rates by Year 3Y average rate across all years: 5.041
Graph Data
Cal. Year 3Y Term
1993 5.139%
1994 6.026%
1995 7.056%
1996 6.286%
1997 6.453%
1998 6.078%
1999 5.909%
2000 7.339% 2001 5.213% purchase year
2002 4.244%
2003 3.098% 2004 3.429% rollover year
2005 4.517%
2006 5.535% 2007 5.553% rollover year
2008 4.099%
5Y Average CD Rates by Year 5Y average rate across all years: 5.250
