Where do you think interest rates are going?

I for one was glad to read the information about I Bonds.

The cool thing about a thread like this is that even if info is posted that does not help the OP their is a decent chance that it might help one of the hundreds of people that are reading thru this stuff.

.....never marry a woman who is mean to your waitress.

Posts: 5214 | Location: Lake of the Ozarks, MO. | Registered: September 05, 2005

wrightd

Member

posted

Hide Post

quote:
Originally posted by jhe888:
I actually have a degree in economics. (Which, next to a bachelor's degree in psychology is about the most worthless undergrad degree you can have.)

But it gives me the chance to say:

Rates will go up. On the other hand, they may go down.

This is a very old joke about equivocating economists, and "Will someone bring me a one-armed economist." But it IS very hard to make predictions, especially about the future.

I disagree a little about the Econ degree. It gives its graduates technical/math/quantitative abilities others may lack. You don't need those abilities until you need them, and when you do, they are great to have. Basic algebra, trig, graphs, distributions, slopes, are useful for all kinds of DIY scenarios. But heck I think that's stuff is fun. But with all that, mad scientists still have the most fun.

Lover of the US Constitution
Wile E. Coyote School of DIY Disaster

Posts: 9197 | Location: Nowhere the constitution is not honored | Registered: February 01, 2008

Page 1 2