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Author Topic: .5% rate cut OR When will it be more profitable to keep money under the mattress  (Read 751 times)

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Beardo

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.5% rate cut OR When will it be more profitable to keep money under the mattress
« on: October 08, 2008, 02:34:31 PM »
So how low will the fed cut the rates in the next few months? At what point should I keep my investments in comic book form rather than in the bank?
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Kestastrophe

  • "Hero" isn't the right word, but its the first word that comes to mind
  • Senior Member
Re: .5% rate cut OR When will it be more profitable to keep money under the mattress
« Reply #1 on: October 08, 2008, 02:43:19 PM »
At least there aren't any inflationary worries, so hoarding cash isn't that bad of an idea with everything else having such low (read: negative) returns.
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jon

Beardo

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Re: .5% rate cut OR When will it be more profitable to keep money under the matt
« Reply #2 on: October 08, 2008, 02:45:15 PM »
Inflation is actually quite plausible, but it doesnt look like its going to happen in the immediate future.
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Kestastrophe

  • "Hero" isn't the right word, but its the first word that comes to mind
  • Senior Member
Re: .5% rate cut OR When will it be more profitable to keep money under the mattress
« Reply #3 on: October 08, 2008, 02:46:23 PM »
wtf? rapid deleveraging is deflationary smh
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jon

Beardo

  • Member
Re: .5% rate cut OR When will it be more profitable to keep money under the matt
« Reply #4 on: October 08, 2008, 03:04:38 PM »
Just wait till China decides to flood all their US dollars back into our economy.
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Tauntaun

  • I'm cute, you should be too.
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Re: .5% rate cut OR When will it be more profitable to keep money under the mattress
« Reply #5 on: October 08, 2008, 03:40:14 PM »
I'm buying gold, guns and beer. :american
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:)

ShogunOfFear

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Re: .5% rate cut OR When will it be more profitable to keep money under the matt
« Reply #6 on: October 08, 2008, 03:43:06 PM »
Quote from: Tauntaun on October 08, 2008, 03:40:14 PM
I'm buying gold, guns and beer. :american
Same here  :usacry
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+1

Beardo

  • Member
Re: .5% rate cut OR When will it be more profitable to keep money under the matt
« Reply #7 on: October 08, 2008, 04:09:31 PM »
Quote from: Tauntaun on October 08, 2008, 03:40:14 PM
I'm buying gold, guns and beer. :american

The 3 commodities that will sbe worth something during and after the zombie apocalypse.
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Tauntaun

  • I'm cute, you should be too.
  • Senior Member
Re: .5% rate cut OR When will it be more profitable to keep money under the matt
« Reply #8 on: October 08, 2008, 04:10:25 PM »
Quote from: Beardo on October 08, 2008, 04:09:31 PM
Quote from: Tauntaun on October 08, 2008, 03:40:14 PM
I'm buying gold, guns and beer. :american

The 3 commodities that will sbe worth something during and after the zombie apocalypse.

'zackly.
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:)
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