Borrow money and buy real estate. You 1st time home buyers can use Obama money in the form of an FHA loan and lever 33 to 1. The lender is your friend. They will assess about 10% below market value to withstand more variability than your 3% down can provide. I got family thats doing a half mil. multi family and well.....he's going to need some luck. I figure as long as everyone's calling the top.......he is going to be ok. Relative to others, rates have been going up for a while now without problems in EM etc.. So it seems they could bump .25% here and there to attempt to salvage a shred of credibility.
Because they only want to raise slowly and that info was already mostly incorporated in the market... Buy the Rumour... Sell the Fact... And as @Maverick74 says, why on earth would the market crash on 1/4 or half perc rate increase in the next 6 months...???
Crash? It's a too loud word to say; the market didn't go down 'cause she didn't mean what she says. Come on; everyone knows that there will be no rate hike till we see the new president.
Anyone who runs a website with gold in the name, I can't take too serious... I don't really follow him or his ideas, but seeing that he runs a gold website I would say he's a overall long term bear who over estimates risks.... and therefore do not listen to him, neither should OP...
The market seems dependent on the jobs number. I'm wondering if a good number will ensure a sept hike in most people's minds and cause a sell off.
don't be ridiculous. A small measured rise will eventually be appropriate and the market will price it in by the time the rate increase arrives. It will have only a small effect on the market one way or the other.