[Bay Kid]

Originally Posted by manaboutown

I remember the fed rate got up to about 19% in the early 1980s. Those were crazy unstable times IMHO. These are crazy unstable times, too, but for different reasons and in different ways. I have no idea where it will go so remain defensive, in short term T-bills except for good solid stocks I have held a long time such as BRK.

My amortization book had rates up to 23% back then. Owner financing was 12-13%. Cash was king when buying property.