I am very pleased that rates have been going up; they make my decision to keep money out of the market look good. I am delighted that BestCashCow has now made it possible to get the opinions and views of others. My sense is that rates will continue to rise and that I should not yet lock in to longer term paper.
I expect in the next three to six months that interest five year rates will top 5.75% I think it is inevitable given that inflation is really heating up (in spite of the latest figures that suggest inflation is still quite low). One has only to look at the costs of basics to know that it is not in check. If I am right, we will see much higher short rates soon. Longer-term rates (10 year paper) should also start to separate significantly from shorter bonds and then things will really get interesting.
Related Articles:
Stock Market in Wrong Place for Small Investors by DanS - Jun 22, 2007
MetLife Bank's Internet Certificates of Deposit by ktexas - Dec 15, 2008
Dynamic Yield Curve by MBANewlyMinted - Jul 18, 2007
McDonald's Corporation (MCD) Dividend Analysis by sagitarius84 - Jul 13, 2008
Interest as a Reward by bankinvestor - Mar 19, 2008
Let High Interest Rates Pass by You by Judie Newman - Jan 30, 2008
Certificates of Deposits (CD’s) by sagitarius84 - Oct 29, 2008.
Add to reading list
