Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (10043)	9/22/2001 4:47:58 PM
From: smolejv@gmx.net	Read Replies (1) of 74559

Thanks for the answer Jay. I have a rather egoistic (huh? what's that;) reason for the question: my major cash flow drain are my mortgages and I'd like to position myself as well as I can for the eventualities - should I go for prepayment? Sit it out? rate swap? Sell and move down? I think the rule of the game next 5-10 years will be :"It's your debts, stupid", or if you prefer the red side:"Read my lips, no debts". >>then we still face ... namely hog wild inflation serving no one's interest << 'who'll foot the bill? Dodo, what a question, we'll get everybody involved - keep the print presses going.'

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