5.20% CD terms 6mo to 10 years. too good to be true?

Quote from Bob111:

It’s could be a decent bet against inflation, but i somewhat doubt that you will double your money. you may, but only by amount of it, not by purchasing power. imo -most likely us house prices will stall or decline a bit, regardless to location. High inflation will do the trick. 5 years of inflation @ 10% rate will be equal 50% decline in housing prices and currently market betting in this direction
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I am glad to see Fed rate cuts are working. You can see the desperation in these threads, people betting to place their money in place like ICELAND & NEW ZEALAND, which is not only feasible but impractical, while ignoring investing opportunities in their own country good ole USA!

How long they can keep hording cash and not investing in real estate and stock markets? Not long. There is lot of money sitting on the sidelines for 2-3 years that was earning 4-6 % returns.

As we have seen in previous Fed rate cuts the dam bursts and people give in after a while and the economy starts humming again. The real estate and stock markets boom. But the stupid morons will do anything but have faith in our own system that is much stronger than anyone elses.. it shows a lack of self confidence and negative sentiment once again.

Now you know why Feds cut rates? LOL! Chuckle ! chuckle!
 
Where did you get your IQ degree [HedgeFund], the same place as Bernanke or Greenspan?

For you to say that this is appropriate shows your lack of understanding of what's happening with the money supply, M3, the total lack of confidence by the global community in the dollar. If you personally have any accumulation of net worth at all you would understand the lack of faith and diminished purchasing power of the Us dollar presents a serious problem going forward.

This latest liquidity influx is nothing more than a bank bailout at the taxpayer's expense. Saving the Wall street interests from their own greedy mistakes at your expense. They should be permitted to die a slow death like any one else when one makes stupid mistakes.

Sincerely, Mike
 
Quote from daddyeaux:

yea right..

BSC goes from 170 to 2

restored my faith.
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BSC stock is not the end of the world. It makes no difference 2 weeks later, it lies there forgotten and ovrelooked.

Whats more important are you going to take a flight to New Zealand and arrive with your suitcase full of cash and have more faith in their banking system ?

...Or invest that money wisely in our great country good ole USA? That will be here for you for ever and ever. Double your purchase price in 10 years , invest in real estate... you will have something to show for... buy a nice sprawling spread and live with style.
 
Quote from kowboy:

Where did you get your IQ degree [HedgeFund], the same place as Bernanke or Greenspan?

For you to say that this is appropriate shows your lack of understanding of what's happening with the money supply, M3, the total lack of confidence by the global community in the dollar. If you personally have any accumulation of net worth at all you would understand the lack of faith and diminished purchasing power of the Us dollar presents a serious problem going forward.

This latest liquidity influx is nothing more than a bank bailout at the taxpayer's expense. Saving the Wall street interests from their own greedy mistakes at your expense. They should be permitted to die a slow death like any one else when one makes stupid mistakes.

Sincerely, Mike
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Dollar is getting stronger than weaker these day.

Should the Feds who own your " free markets" stand aside and let short sellers and hegdefunds decimate our financial markets and create an utter panic in the country bring the economy to its knees ?

You forget you are just allowed to put your bets in this Giant Casino and get out, you own nothing and its not yours but belongs to the Federal Government and Treasury Department.
 
If the "free markets" don't take care of this nonsense, the rest of the world will see this house of cards and place massive bets against the US forcing the markets down anyway.

The Fed can't prop this thing up forever.
 
Quote from Ialwayslearn:

If the "free markets" don't take care of this nonsense, the rest of the world will see this house of cards and place massive bets against the US forcing the markets down anyway.

The Fed can't prop this thing up forever.
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So true an observation regarding free markets. The consensus with more than a few persons I've talked to feel that allowing some of these institiutions fo fail would actually be more healthy in the end, and better for our economy.

But the real hard question yet remaining to be answered is what instruments and in what country should one look to for preservation of net worth and purchasing power. Surely not the Us dollar or dollar based assets.
 
But the real hard question yet remaining to be answered is what instruments and in what country should one look to for preservation of net worth and purchasing power. Surely not the Us dollar or dollar based assets. [/B][/QUOTE]

Exactly!

I've been in foreign currency for some time and it's been good so far.

I would love to hear any other suggestions.
 
Quote from Ialwayslearn:

Exactly!

I've been in foreign currency for some time and it's been good so far.

I would love to hear any other suggestions.
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Hello Ialwayslearn,

Could you elaborate more on this issue. Whether prudent or not, I would like to be in straight Au dollars unhedged for currency risk and earning interest from corporate Au bonds. Any suggestions would be most welcome.

Mike
 
Quote from kowboy:

Hello Ialwayslearn,

Could you elaborate more on this issue. Whether prudent or not, I would like to be in straight Au dollars unhedged for currency risk and earning interest from corporate Au bonds. Any suggestions would be most welcome.

Mike
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open IB account and set base currency in AUD-

http://individuals.interactivebrokers.com/en/accounts/fees/interest.php?ib_entity=llc

you not going to get anything on first 11.5K.

another option-

http://finance.yahoo.com/q/bc?s=FXA&t=3m
 
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