- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
2
Posted on 7/29/11 at 3:49 pm to thedice20
quote:
My fiancee is on my arse about locking in with our mortgage company. I dont want to lock in a 60 day lock @ 4.7 % when the daily rate rate now is around 4.5 % .
Uh...you might want to look for a more savvy fiancee. 20 years from now you won't regret it.
The only interest rates that are set by the FED are the target Fed Funds rate. With the over 2 trillion dollar balance sheet made up of interest sensitive securities, the FED does not want interest rates to rise.
The 10 year today hit a 2011 low of 2.77% You should negotiate for a lower rate.
Posted on 7/29/11 at 3:50 pm to TheHiddenFlask
Whatever happened to the Colonel?
Posted on 7/29/11 at 3:52 pm to TheHiddenFlask
quote:
Try again.
Good for him/her/you/them! Seriously. I know I wasn't the only one to pull my money out of stock.
Posted on 7/29/11 at 3:54 pm to cyogi
quote:
Good for him/her/you/them! Seriously. I know I wasn't the only one to pull my money out of stock.
Care to crawfish a little bit more?
How does anyone think that this strategy will work?
Posted on 7/29/11 at 4:21 pm to TheHiddenFlask
quote:
Care to crawfish a little bit more?
How does anyone think that this strategy will work?
You think rates aren't going to start going up? If not, why not? If they do, I mean, I'm not the expert, but it would seem the Fed would not dictate rates going up, but other factors.
Posted on 7/29/11 at 4:25 pm to cyogi
The Fed dictates "other factors" by moving the interest rate. I think you might be a little confused, but you have the biggest dick so who really gives a shite?
Posted on 7/29/11 at 4:29 pm to Chris Farley
quote:
The Fed dictates "other factors" by moving the interest rate. I think you might be a little confused, but you have the biggest dick so who really gives a shite?
if the US' credit rating goes down.... this doesn't affect interests rates, barring any Fed activity?
This post was edited on 7/29/11 at 4:41 pm
Posted on 7/29/11 at 4:41 pm to cyogi
Not the fed funds rate, no. But any rate determined by the open market, yes.
Posted on 7/29/11 at 4:53 pm to Chris Farley
quote:
Not the fed funds rate, no. But any rate determined by the open market, yes.
That's what I'm thinking... but do you think that if the market rates start going up, the Fed would follow? I'm thinking it's possible that the market will start "dictating", in a way, a rise in interest rates, and the Fed would follow... sort of "reverse" as to the Fed dropping/raising rates to control the market rate. I don't know if this is even feasible, but it seems we might start seeing this depending on how this stuff (debit "crisis") ends.
Posted on 7/29/11 at 5:00 pm to cyogi
No I seriously doubt the fed would do that. They have already stated the rates will likely remain the same for a significant period of time, possibly the rest of the year.
Posted on 7/29/11 at 5:08 pm to cyogi
And you pulled your money out pre-08? That's impressive.
Posted on 7/29/11 at 6:06 pm to kfizzle85
quote:
And you pulled your money out pre-08? That's impressive.
Yes I did.
Posted on 7/29/11 at 6:25 pm to kfizzle85
He also bought MSFT and WMT In 1985 pulled out in '99 then went all in on NFLX.
Posted on 7/29/11 at 7:16 pm to TheHiddenFlask
quote:
NFLX
My pager just went off.
Posted on 7/29/11 at 9:40 pm to Athanatos
Now this is a good thread.
Posted on 7/30/11 at 8:23 am to GaryOwen
increased interest rates good for savers and encourages capital formation.
Current ZIRP encourages borrowing and speculation and hurts savers.
As a saver, I would appreciate some return on the money I'm attempting to save rather than being forced to put it into the highly speculative and risky ponzi scheme called the stock market to have a CHANCE to earn a rate of return exceeding inflation. Buy and hold is dead based on market performance since 2000.
Inflation is hurting everyone and the whole 'it will be a disaster if we don't raise the debt ceiling' argument to me appears to be a form of financial terrorism by the big banks and their lackeys err Congress.
IOW, they have a gun to granny's head and they're saying "either we borrow more money from our friends the bankers, or granny gets it.' IE we will reduce social security benefits.
The time for Congress to balance the budget is now.
Current ZIRP encourages borrowing and speculation and hurts savers.
As a saver, I would appreciate some return on the money I'm attempting to save rather than being forced to put it into the highly speculative and risky ponzi scheme called the stock market to have a CHANCE to earn a rate of return exceeding inflation. Buy and hold is dead based on market performance since 2000.
Inflation is hurting everyone and the whole 'it will be a disaster if we don't raise the debt ceiling' argument to me appears to be a form of financial terrorism by the big banks and their lackeys err Congress.
IOW, they have a gun to granny's head and they're saying "either we borrow more money from our friends the bankers, or granny gets it.' IE we will reduce social security benefits.
The time for Congress to balance the budget is now.
Posted on 7/30/11 at 9:36 am to WNCTiger
quote:
Inflation is hurting everyone
I can always tell when people have no clue what they are talking about because for some reason, the general consensus among cable news economists is that we are in an inflationary environment.
I thought your interest rate spiel had some merit but was massively oversimplified. Your reference to congress as being in the pocket of "bankers" was just a cherry on top.
Please take that garbage to the poli talk board.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News