Kirk's Market Thoughts Message Board

STOCKTALK

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.

Non-Tech : Kirk's Market Thoughts

COHR 164.26

+6.7%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kirk © who wrote (3358)	8/31/2015 5:36:41 PM
From: robert b furman	Read Replies (1) of 26638

I think we are in a secular low interest rate period much like 1950's. That was a period of steady growth and low interest rates. It was the hangover from high debt after WW II. I remember saying to myself back in the 1980's - If only I could have bought a house and had a MORTGAGE FROM THAT ERA. That was when GM transferred me from Chicago to Houston. GM bought my house 22,000 less than I paid for it. I got back 1500 from a 23,000 down payment. Interest rates in Houston were 16-18 percent for a 30 year fixed mortgage. Poor millenials think they have it tough now! Most just don't want to begin entry level jobs. They prefer to stay in the false security of obtaining A HIGHER EDUCATION along with all of its debt. Me I wanted a full time job and to begin investing. Then I got married and started buying washing machines LOL It takes a long time to accumulate things!! Always best to begin early. Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next