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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (36094)7/14/2003 7:47:02 PM
From: EL KABONG!!!  Respond to of 74559
 
MulhollandDrive,

or maybe they'll just decide to pay down the high rate credit card for those double digit returns

What does one do when one has no high interest rate debt? Pay off the low interest rate mortgage, because even with a 5%-6% mortgage, 5%-6% is nearly 10 times better than what a money market returns these days? <sigh>

i heard an analyst this morning saying with the low "interest" rates, investors with cash will be *forced* back into the stock market

Just in time for the thrilling experience of a return to the secular bear market? <g>

KJC