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Fed just raised rates another quarter...if you care...

Discussion in 'Money & Finance Forum' started by Freakshow, Jun 29, 2006.

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  1. Jun 29, 2006 at 2:34 PM #1
    Freakshow

    Freakshow Fuck you guys.

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    That'll put Prime @ 8.25% for those of you with equity lines on your homes...

    By the way...if you want to change those to FIXED rates...I'm here...look at the avatar. I'ze got the money.:spam2:
     
    Last edited: Jun 29, 2006
  2. Jun 29, 2006 at 2:38 PM #2
    sadic1

    sadic1 Full Access Member

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    Why did Bush hate Greenspan?
     
  3. Jun 29, 2006 at 2:39 PM #3
    BlueTrain

    BlueTrain Abused Registeree

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    dang it all
     
  4. Jun 29, 2006 at 2:45 PM #4
    Trace

    Trace Full Access Member

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    I care. I have a 4.7 million dollar bond portfolio that just lost more money.:thud:
     
  5. Jun 29, 2006 at 2:45 PM #5
    LarryD

    LarryD autodidact polymath

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    so, that stinks...right?
     
  6. Jun 29, 2006 at 2:46 PM #6
    THE GUTTER

    THE GUTTER Y!

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    My rental rate did not change.:woohoo:
     
  7. Jun 29, 2006 at 2:48 PM #7
    Freakshow

    Freakshow Fuck you guys.

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    Actually, Trace...Bonds went UP after the announcement. I think .25 was known...some were worried about .5.

    If you have a 4 million port...you're doing just fine today...
     
  8. Jun 29, 2006 at 2:53 PM #8
    Trace

    Trace Full Access Member

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    Increase in Interest Rates=Decrease in the value of the bond.
     
  9. Jun 29, 2006 at 3:05 PM #9
    meatpile

    meatpile 7-9

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    And the market is going through the roof.
     
  10. Jun 29, 2006 at 3:13 PM #10
    chipshot

    chipshot Full Access Member

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