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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: daryll40 who wrote (48977)7/10/2001 8:05:14 AM
From: Jerome  Read Replies (2) | Respond to of 70976
 
Interest Rates and shocked parents****The older folks that see the signs at the entrance to the brokerage firm "one year CD's 3.85%" clean their glasses and look again.

Since these people want a monthly income, they are offered some corporate bonds that pay monthly at about twice the CD rate. The two that I see used most often are GE and GMAC rated AAA.

Canadien Interest rates have historically been higher than ours, and with the dollar due for a reversal from its strength, are worth a second look.

Was 1966 the year that Henry Kauffman called the end of the bear market? (The result being that the Dow went from 650 to 4000 in about three years.)

Regards, Jerome



To: daryll40 who wrote (48977)7/10/2001 12:33:10 PM
From: Cary Salsberg  Read Replies (1) | Respond to of 70976
 
Point your mom to www.bankrate.com.

5 year CDs have fallen from a peak of 8% in 2000 to 6%, now. She should be able to get from 5%-5.5% on 1 to 3 year maturities.



To: daryll40 who wrote (48977)7/10/2001 2:36:38 PM
From: Math Junkie  Respond to of 70976
 
OT

Another thing that people forget about 1966-82 is that the Dow stocks paid nice dividends in those days.