Rates dropping like a brick.

[Coronita]

[quote=sdrealtor]I wouldnt rule out 3%. If that happened my future 335 could evolve into an M3:)[/quote]

You’re not thinking they way the Fed wants you think….
You’re better off putting your deposit down right now for the M3 and negotiate with the dealer(s) to give you a killer deal in today’s dollars with an ETA delivery of 6 months from now or later…

At the current rate of where the dollar is heading, the price you sign agree to today for the M3, you probably won’t be able to get a BMW 128 3-6 months from now….

While BMW does have a factory in South Carolina to hedge against a failing(err, falling…freudian slip) dollar, I doubt Bavarian is going to let any southern hicks build anything with an M badge on it (except the X5M which really isn’t an M)

You might be able to even make money by selling it later…inflation adjusted 🙂

Anyone that actually owns something from Bavarian…Now would be a good time to stock up on parts…..Hello $300 oil changes, $50 oil filters and if you have a diesel, $100/quart of diesel exhaust fluid.

[briansd1]

Not so bad for savers and those with good credit.

Those with bad credit and underwater/upside-down can’t refinance anyway.

[briansd1]

Not so bad for savers and those with good credit.

Those with bad credit and underwater/upside-down can’t refinance anyway.

[briansd1]

Not so bad for savers and those with good credit.

Those with bad credit and underwater/upside-down can’t refinance anyway.

[briansd1]

Not so bad for savers and those with good credit.

Those with bad credit and underwater/upside-down can’t refinance anyway.

[briansd1]

Not so bad for savers and those with good credit.

Those with bad credit and underwater/upside-down can’t refinance anyway.

[an]

[quote=briansd1]Not so bad for savers and those with good credit.

Those with bad credit and underwater/upside-down can’t refinance anyway.[/quote]
Those with bad credit shouldn’t have been able to own a house in the first place, so they got more than what they could other wise. Add in loan mod and hindsight make them look much smarter than those savers.

BTW, it is bad for savers. It means nominal housing price won’t crash like they wanted it to. It also mean that their cash is earning next to nothing in interest.

[an]

[quote=briansd1]Not so bad for savers and those with good credit.

Those with bad credit and underwater/upside-down can’t refinance anyway.[/quote]
Those with bad credit shouldn’t have been able to own a house in the first place, so they got more than what they could other wise. Add in loan mod and hindsight make them look much smarter than those savers.

BTW, it is bad for savers. It means nominal housing price won’t crash like they wanted it to. It also mean that their cash is earning next to nothing in interest.

[an]

[quote=briansd1]Not so bad for savers and those with good credit.

Those with bad credit and underwater/upside-down can’t refinance anyway.[/quote]
Those with bad credit shouldn’t have been able to own a house in the first place, so they got more than what they could other wise. Add in loan mod and hindsight make them look much smarter than those savers.

BTW, it is bad for savers. It means nominal housing price won’t crash like they wanted it to. It also mean that their cash is earning next to nothing in interest.

[an]

[quote=briansd1]Not so bad for savers and those with good credit.

Those with bad credit and underwater/upside-down can’t refinance anyway.[/quote]
Those with bad credit shouldn’t have been able to own a house in the first place, so they got more than what they could other wise. Add in loan mod and hindsight make them look much smarter than those savers.

BTW, it is bad for savers. It means nominal housing price won’t crash like they wanted it to. It also mean that their cash is earning next to nothing in interest.

[an]

[quote=briansd1]Not so bad for savers and those with good credit.

Those with bad credit and underwater/upside-down can’t refinance anyway.[/quote]
Those with bad credit shouldn’t have been able to own a house in the first place, so they got more than what they could other wise. Add in loan mod and hindsight make them look much smarter than those savers.

BTW, it is bad for savers. It means nominal housing price won’t crash like they wanted it to. It also mean that their cash is earning next to nothing in interest.

[an]

[quote=flu][quote=walterwhite]if we see 1%, what will gold be per oz?[/quote]

I think when that happens, you should ask how much a can of corn will be 🙁

Looks like the bubble equity markets are coming around the corner….Time to exit my short positions fast….[/quote]
Does this mean I should do the opposite and start shorting? :-).

[an]

[quote=flu][quote=walterwhite]if we see 1%, what will gold be per oz?[/quote]

I think when that happens, you should ask how much a can of corn will be 🙁

Looks like the bubble equity markets are coming around the corner….Time to exit my short positions fast….[/quote]
Does this mean I should do the opposite and start shorting? :-).

[an]

[quote=flu][quote=walterwhite]if we see 1%, what will gold be per oz?[/quote]

I think when that happens, you should ask how much a can of corn will be 🙁

Looks like the bubble equity markets are coming around the corner….Time to exit my short positions fast….[/quote]
Does this mean I should do the opposite and start shorting? :-).

[an]

[quote=flu][quote=walterwhite]if we see 1%, what will gold be per oz?[/quote]

I think when that happens, you should ask how much a can of corn will be 🙁

Looks like the bubble equity markets are coming around the corner….Time to exit my short positions fast….[/quote]
Does this mean I should do the opposite and start shorting? :-).

[Author]

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