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 -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Beltran who wrote (115610)8/4/2001 2:10:55 PM
From: posthumousone  Respond to of 436258
 
Do you believe you have a constitutional right to get a safe return that beats inflation? >>>

Yes yes i do. It says it right in there. Along with i can spend as much as i want and never have to worry cuz i can declare bankruptcy.......and to expect 20% returns in the market every year....thanks

The point of the message is I dont believe falling interest rates are good for everyone.

If I cant get a real return on a safe investment (CD)that beats inflation (whatever that questionable number may be)
then i need to seek more riskier investment just to keep up.

For retirees on fixed incomes I would think it would be more painful)

I dont care if cc rates are 10 or 20% cuz i never carry a balance. And mortgage rates have not gone down.
Companies certainly havent increased hiring. (although i guess it takes time....but then again if they thought things would pick up soon would they be laying off so much?)

So for me the falling rates have not been helpful
Curious, has it helped you?



To: Joseph Beltran who wrote (115610)8/4/2001 2:18:38 PM
From: Les H  Read Replies (2) | Respond to of 436258
 
You should have a right to market rates rather than one artificially set by the Fed. Given the shortage of savers, a free and open market for funds would normally require higher savings rates than the rates being set now. This would of course be balanced by the need for funds by corporations and consumers. It seems there's no shortage on the demand side.