Do you think interest rates will go up soon?
A 5-year CD pays 2.5% APY. Is it wise to sign up now, or wait a few months/years?
Right now I would not commit my money to a certificate of deposit for a period as long as 5 years. It's hard to say exactly where rates will go, but I can say this...
I think in 5 years time the economy and the markets will be improved. You're best place to put your money today is in the stock market, hands down. It was the best place to put your money following the worst of the Great Depression, and history will follow suit here as well.
If you MUST put your money into a CD right now, I'd not go longer than 12-18 months.
by Arvind Babajee 8 years ago
How are Inflation, recession, and high interest rates are characterized in economics events?
by Susan Reid 13 years ago
So Nasdaq and the Dow Jones Industrial Average both hit new records today, based on stronger than expected employment news.The sky is obviously falling, the economy still s#ks.And of course it's all Obama's fault.Yessir,There's only one man -- a skilled business turner-arounder and state executive...
by Jack Lee 8 years ago
Do you think we are already in a recession?Some data seems to indicate we are already in a recession in 2016. What do you think?
by Sekharg 14 years ago
I see lot of houses for sale.I heard interest rates are lowest.Is it a good idea to buy a house now?What do you think?
by dannyb1974 15 years ago
Where do people think the uk property market is up to now?I think it has bottomed out and now is a good time to buy.I keep hearing of bargain properties around but as yet finding them is difficult.Will it go lower or will it start to riseDanny
by ledefensetech 15 years ago
http://dailyreckoning.com/a-financial-world-gone-mad/It's getting cheaper and cheaper to live in the US. Of course all bets are off when the inflation from the massive deficits hit us next year. So much for the specter of deflation.
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