12-10-2008, 11:20 AM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,592
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Not Ranked
Yesterday, the Treasury was selling notes with a ZERO % interest rate.
Today, the Treasury is selling notes with NEGATIVE % interest rate. That means investors are investing cash in order to receive less cash back than what they had originally invested. Sounds like a car purchase. 
The prime rate is 4%. Rates should continue to decline.
If you feel secure with your job and you have personal/family balance sheet that looks pretty good, then why not finance.
Where else do you want to put your money?  |
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