Rate Cut: What are you going to do?

[Over70irregs]

https://www.reuters.com/markets/rates-bonds/with-feds-rate-cut-hand-debate-swirls-over-how-big-move-2024-09-18/

 

[IVE GOTTA PACKAGE 4U]

Hopefully not too big if I caught my money market is doing real good right now

 

[Thebrownblob]

How do I vote for “do nothing”?

 

[Over70irregs]

Pushing a Ponzi waiting for one man to tell us what they already leak out. Ridiculous

 

[catstalking]

Convert to judaism so I can finally make some money

 

[Babagounj]

How do I vote for “do nothing”?

Choose " Buy cheap Chinese goods".

 

[scratch]

Nothing. I built a new house four years ago and I’m at 2.99%.

 

[UnionStrong]

Hopefully not too big if I caught my money market is doing real good right now

Half a point

 

[UnionStrong]

Nothing

 

[IVE GOTTA PACKAGE 4U]

Half a point

We'll find out shortly

 

[Babagounj]

Well the Fed dropped the rate and I still managed to lose money.

 

[rod]

You need a new category---"Do Nothing'.

 

[Babagounj]

With a pending longshoremen labor strike { Oct 1st. } on both coasts, the option to buy cheap Chinese goods might no longer be available.

 

[Over70irregs]

Nothing. I built a new house four years ago and I’m at 2.99%.

Cement shoes. Your roots are planted. People are going to stay in those homes and leverage them for decades.

 

[Brown Down]

I'm going to watch my interest rates drop on my home equity line. Mo money for Mo improvements

 

[bottomups]

Cement shoes. Your roots are planted. People are going to stay in those homes and leverage them for decades.

Why stay? Sell and use the equity to buy elsewhere. Interest rate wouldn't matter with no loan.

 

[Over70irregs]

Why stay? Sell and use the equity to buy elsewhere. Interest rate wouldn't matter with no loan.

Yes. Thus the leverage I was referring to.

 

[Over70irregs]

Why stay? Sell and use the equity to buy elsewhere. Interest rate wouldn't matter with no loan.

Lifetime rental?

 

[vantexan]

Why stay? Sell and use the equity to buy elsewhere. Interest rate wouldn't matter with no loan.

That only works if you have enough equity to buy outright. If the real estate market collapses there goes all that equity on paper.

 

[bottomups]

That only works if you have enough equity to buy outright. If the real estate market collapses there goes all that equity on paper.

If my dog didn't stop to take a it might have caught the rabbit.