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Old 11-15-2005, 05:03 PM
adios adios is offline
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Join Date: Sep 2002
Posts: 2,298
Default Re: Investment question

I notice you're from Canada but I doubt if the following advice would make a difference though. I would stay in something like 1 month CDs as surprising as that may seem. The Fed is tightening and short term interest rates will continue to rise. I saw in todays WSJ that you can get something like 4.05% on 1 month CDs. Might have to shop around a little to get it. But what I'm thinking is that as short term rates rise just go along with it. Given your time horizon and risk tolerance (at least what I perceive them to be) I wouldn't go near stocks or longer duration bonds. Why even go out 2 years when short term interest rates are on the rise?
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