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

To: AC Flyer who wrote (39781)	10/19/2003 12:48:33 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

>>You're making the elementary mistake of looking at nominal interest rates, as almost everyone does. This is human nature.<< correct. Especially so, because being pretty much a house-poor person, I can't say how the real savers feel about interest rates. I just keep the fingers crossed that the angels of real estate bubble will visit Munich some time in next 10 years. A little story with a message or two (for me at least): This month I got a 10% raise. Great, how come? I renewed (or had a window to renew) my mortgage. Here terms are fixed for the specified period, and it's quite substantially different than in US. Took some learning help from people on this thread to make me reaalize that. The message one: this is just one of possible contextual differences, one I am aware of. Message two: luck is uncorrelated with whatever you're doing, planning, thinking out;)