The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (14727)	10/30/2003 4:17:29 PM
From: Tradelite	Read Replies (2) of 306849

I think you know the answer to that question. Meanwhile..... Day after tomorrow (11/1/03) rates being paid on I-bonds look like they're going to crash to earth. This is not a good thing for many investors. 30 days after that, the high-flying CDs that I (and probably millions of other people at about the same time) bought three years ago at about their peak will mature. This is not a good thing. DAMN WHY DIDN'T I HAVE THE COURAGE TO BUY 5-YEAR TERMS!! Investors in certain junk bond funds or GNMAs could all use a dose of higher interest rates as well. I realize my view on this may differ from that of other people, but that's OK, it's MY money. <<GGG>>>>

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