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Re: Zeev Hed post# 158026

Sunday, 10/05/2003 10:39:37 PM

Sunday, October 05, 2003 10:39:37 PM

Post# of 704041
Hi Zeev; Thanx for the reply..and ya I've been legging into them all year..some of the first ones had
a better basic rate and are at 5.17% , that basic rate dropped last May ( i think it was ) and I know the basic
rate will drop next month again , so I'm going to finish my yearly bond buying early before
taht drop. But a bond ladder is what I'm trying to teach my wife, as she would never trade
the stock market and will likely out live me a long time.
---
I have some 6% stuff that comes due DEC of next year , and that's going to be decision
time , if rates are not up by then I may just Spend the money, the old house could
use some fixing up.
---
These I-bonds are sort of like a floating 5 yr CD, but if rates change enough
one can cash them in a year and take the 3 month interest loss to roll
into some higher fixed rates..
---
Inflate , Inflate, per chance to dream, but what dreams we fly off unto
we know not of..
---
I keep it simple; when every one talks about the Dollar moves I watch
Crude Oil prices..it's not gold anymore , .crude oil has become
the hard currency of the world, the bottom line is the cost of energy ( BTUs ) will
determine growth over the longer term, even more
so than interest rates.





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Disclaimer Just Remember
"A man can fail many times, but he is not a failure until he begins to blame somebody else."

Jim

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