2021 Exit Strategy

[egri]

T-Bills are yielding over 5% right now, are much less risky than cards, and have short durations so you can take money out as needed with a little bit of planning.

[raulus]

Originally Posted by egri

T-Bills are yielding over 5% right now, are much less risky than cards, and have short durations so you can take money out as needed with a little bit of planning.

Hopefully the high rates stay with us for a while. Personally, I'm paranoid that they won't stick around that long. Maybe a year? Although with any luck, even if they drop, they'll stick higher than 0.000001% like they were for the last forever.

At the same time, the WSJ had a pretty extensive article today about how higher rates are likely here to stay, and the impact that will have on several sectors of the economy, from cars to commercial real estate to savers and retirees. So maybe even if we're not getting 5% in perpetuity, maybe we'll at least get 3%.

[Johnny630]

Originally Posted by raulus

Hopefully the high rates stay with us for a while. Personally, I'm paranoid that they won't stick around that long. Maybe a year? Although with any luck, even if they drop, they'll stick higher than 0.000001% like they were for the last forever.

At the same time, the WSJ had a pretty extensive article today about how higher rates are likely here to stay, and the impact that will have on several sectors of the economy, from cars to commercial real estate to savers and retirees. So maybe even if we're not getting 5% in perpetuity, maybe we'll at least get 3%.

Higher for Longer unless we get a nasty recession which I do not think will happen. I think 4%-5% is here to stay the next two years.

[raulus]

Originally Posted by Johnny630

Higher for Longer unless we get a nasty recession which I do not think will happen. I think 4%-5% is here to stay the next two years.

That’s the trick, right? If the economy takes a nosedive, rates will fall pretty quick.

[Republicaninmass]

Originally Posted by Johnny630

Higher for Longer unless we get a nasty recession which I do not think will happen. I think 4%-5% is here to stay the next two years.

When nobody thinks it will happen, it will. Plenty think it will happen so I don't know anymore

[Johnny630]

Originally Posted by Republicaninmass

When nobody thinks it will happen, it will. Plenty think it will happen so I don't know anymore

I think we’re gonna be OK. The landing so far has been very soft. I believe it will continue to attenuate and the rates will stay high 4 hovering around 4-4.5. Then life could happen, who the hell knows lol.

[Peter_Spaeth]

Economists have predicted 9 of the last 5 recessions -- Paul Samuelson.