
11-07-2023, 11:31 PM
|
Sage
|
Join Date: Dec 2012
Location: Somewhere over the rainbow
Posts: 14,715
Thanks: 7,395
Thanked 6,014 Times in 3,097 Posts
|
|
Quote:
Originally Posted by CoachKandSportsguy
Looks like federal reserve interest rates have peaked, and given the inflation trend at the moment, which is much slower and getting near fed targets. However, fiscal spending is still trending higher, like the sumter county tax rates on non homesteaded homes, and longer term interest rates may continue to rise with the continued increased fiscal spending, which is not good for mortgage rates.
So for those like myself still in 2 year bills, rolling out in duration to 5 year notes when it gets higher than the 2 year rate would be a good interest income strategy.
and remember that the future is always uncertain,
and sometimes more uncertain than at other times,
and that it can change in a flash for individuals and economies.
|
I’m going to go to one of the free lunches. They know what to do with my money  . Take if from me
|
The Following User Says Thank You to Topspinmo For This Useful Post:
|
|
|