SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (236183)4/17/2003 1:06:48 PM
From: Tommaso  Read Replies (1) of 436258
 
>>> am not certain if T-Bonds or real estate are the next crashing tulips, though it could be both.
<<<

Rising interest rates could bring everything down. A family servicing a $250,000 mortgage at 5% could have that adjutsed to 8% and decide they can stand to live in a $150,000 house after all or even move to an apartment, when the interest payments go from $1000 a month to $1600 a month and the income stays level at $3000 a month after taxes and insurance (real estate as well as income). And that would be a typical middle-class situation in an inexpensive city. Meanwhile, having shifted retirement savings (if any) to bonds, those start to tank.

Greenspan is second only to John Law in what he has done to a country.

But I just heard this morning from my lady friend whose family lost $5,000,000 by putting everything in the company stock. She sounds perfectly cheerful.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News