Stitch,
" This all may be alarmist."
Certainly not. As I have been told, the only response to uncertainty is flexibility.
I remember a friend of mine, who I had visited during a period of concern for rising interest rates. They had just received the joy of their first child, and he had chosen to take the year off and spend it with the family and on his sailboat. Boat, family, job, one just had to give.
While I cooed over the child she looked at my friend with great concern, "With the rising interest rates and talk of recession I am concerned. How will that effect us? Should you maybe consider a return to work?"
"Nonsense," he replied, "rising interest rates are good for us."
"But I remember not to long ago being concerned about falling rates, and you said that was good for us too. How can both environments be good?"
"We have flexible assets, and you have a husband whose is paranoid about preserving the security of his family."
Now lovingly she says, "THAT explains it. I'll just be glad I married you."
Best wishes,
Lee |
