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Every Thing Else Board
Interest rates?
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<blockquote data-quote="Jim62" data-source="post: 614354" data-attributes="member: 6655"><p>Interesting how the stock market influences fuel prices and other things financial.</p><p></p><p>Seems that a down market meant higher interest rates back in the day. I have a couple CDs that are making nearly nothing right now, and are up for renewal. Suppose a short term or long would be the way to go? If the rates are to go up in the short term, I'd hate to have the low rates locked in for 5 years or so.</p><p></p><p>I know that stocks are at bargain basement levels right now, and would be the way to go generally. If I was 30 years old, I'd jump all over that deal.</p><p></p><p>But, I ain't.......... :tiphat:</p></blockquote><p></p>
[QUOTE="Jim62, post: 614354, member: 6655"] Interesting how the stock market influences fuel prices and other things financial. Seems that a down market meant higher interest rates back in the day. I have a couple CDs that are making nearly nothing right now, and are up for renewal. Suppose a short term or long would be the way to go? If the rates are to go up in the short term, I'd hate to have the low rates locked in for 5 years or so. I know that stocks are at bargain basement levels right now, and would be the way to go generally. If I was 30 years old, I'd jump all over that deal. But, I ain't.......... :tiphat: [/QUOTE]
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