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Originally Posted by petegz28
With rates going up and it looks like wage inflation with it, I think the "free ride" is over. Things are going back to normal. Meaning this is going to be a stock pickers' market again. The index fund craze will probably taper off. Savers who are in the market by force and not choice will start to sell out as rates go up on bonds and CD's.
And I said immediate term, not intermediate. I'm talking about over the next year or two.
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Sorry. Insane immediate and read intermediate. I’ve been working too much.
That’s a pretty good take. I haven’t paid attention, are they talking about raising interest significantly? It’s been a couple years since I looked but it was going to take a pretty significant interest increase for bonds to yield much.
Quote:
Originally Posted by philfree
I don't want any mutual funds of ETFs for that matter. I have some ETFs and it seems like they're in my portfolio just to keep me from making as much money when the market has good days. I'm talking stocks.
Pay off your sprayer? Do you have any land that I'd have the only lien on? And are there any Pheasants there? And then you'd have to agree to take care of my birddogs.
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Well, you can put a lien on the sprayer. It’s worth about 250 and I owe 100 on it. But I really meant pay it off so I don’t have to.
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There actually are pheasants here. Last couple years have been kind to them. The cocks are all out trying to get laid so I’ve seen a bunch of them.