So what will YOU do with your investments tomorrow?

[Pabster]

Originally posted by: spidey07
buy, buy, buy

:thumbsup:

 

[TruePaige]

Hmm..my stocks are flat so-far.

*shrugs*

 

[AnonymouseUser]

Fuck you Mr Surprise Rate Cut.

 

[sciencewhiz]

Originally posted by: OS

Originally posted by: Engineer
FED just cut rates by 3/4 point!!! :shocked:

yeah, all the historical charts i've seen, the fed has never cut .75 at once before, they must have shit their pants this morning.

NPR said it was the biggest cut since 1994

 

[Svnla]

Originally posted by: Engineer
FED just cut rates by 3/4 point!!! :shocked:

There go my savings accounts. Kiss my 4+ and 5% rates good bye.

As for my stock investments, I am holding the course. Monthly deposits to stock index funds FTW.

 

[KeithTalent]

I'm back up today; I got pummeled yesterday because our markets were open. 🙁 I'm down only about 2% now though, assuming the T holds close to where it is. /shrug

KT

 

[OS]

Originally posted by: sciencewhiz

Originally posted by: OS

Originally posted by: Engineer
FED just cut rates by 3/4 point!!! :shocked:

yeah, all the historical charts i've seen, the fed has never cut .75 at once before, they must have shit their pants this morning.

NPR said it was the biggest cut since 1994

http://www.federalreserve.gov/fomc/fundsrate.htm

1994 was a .75 hike, the fed chart only goes back to 1990, which shows never a .75 cut in the period.

 

[Farang]

The cut was the biggest one-day rate move by the Fed since it lowered rates by a full percentage point in December 1991, when the country was trying to emerge from recession

http://news.yahoo.com/s/ap/200...i_st_ma_re/wall_street

 

[Engineer]

Originally posted by: Svnla

Originally posted by: Engineer
FED just cut rates by 3/4 point!!! :shocked:

There go my savings accounts. Kiss my 4+ and 5% rates good bye.

As for my stock investments, I am holding the course. Monthly deposits to stock index funds FTW.

I locked in 6 month CD's this morning at 4.75%. Not great, but I assume better than the rate will be very soon.

As for index funds, I guess you can win with them. Considering that the S&P is lower now than it was 7.5 years ago....

 

[OS]

Originally posted by: Farang

The cut was the biggest one-day rate move by the Fed since it lowered rates by a full percentage point in December 1991, when the country was trying to emerge from recession

http://news.yahoo.com/s/ap/200...i_st_ma_re/wall_street

i don't see it on the fed's chart, i'll take their data before yahoo any day.

 

[Farang]

Originally posted by: OS

Originally posted by: Farang

The cut was the biggest one-day rate move by the Fed since it lowered rates by a full percentage point in December 1991, when the country was trying to emerge from recession

http://news.yahoo.com/s/ap/200...i_st_ma_re/wall_street

i don't see it on the fed's chart, i'll take their data before yahoo any day.

The Associated Press.. but to each his own 🙂

 

[UNCjigga]

Originally posted by: Engineer
FED just cut rates by 3/4 point!!! :shocked:

Who's the alarmist now? WOOHOO you go Bernanke! Don't even wait till next week!!! 😀

 

[AdamK47]

ATVI is bouncing around like crazy. One second it's at 27.20, the next it's at 26.99. Crazy.

 

[TruePaige]

Grr...Can't fill my orders.

 

[Tiamat]

woot, locking in my CDs was a good decision then.

 

[AnonymouseUser]

Originally posted by: UNCjigga

Originally posted by: Engineer
FED just cut rates by 3/4 point!!! :shocked:

Who's the alarmist now? WOOHOO you go Bernanke! Don't even wait till next week!!! 😀

Hooray for hyperinflation and the devaluation of the dollar...

 

[OS]

Originally posted by: UNCjigga

Originally posted by: Engineer
FED just cut rates by 3/4 point!!! :shocked:

Who's the alarmist now? WOOHOO you go Bernanke! Don't even wait till next week!!! 😀

lol serious, why even bother with the facade of scheduled fed meetings when you just hand out another pump job each time it's about to crash.

 

[K1052]

Already moved most of my US stocks into bonds earlier this month (401K account), reset my contributions to buy more US stocks at lower prices. My international positions are starting to decline though. Moved a signifigant chunk of my reserve cash from high interest savings into CDs after hearing about the rate cuts.

I'll be keeping an eye on mortgage rates with an eye to refinancing.

 

[PingSpike]

I just refinanced my mortgage in december...you think rates will dip down to 5.25 or below for 0pt 30 year fixed?

 

[AdamK47]

Man, I could short ATVI all day long.

 

[MmmSkyscraper]

Originally posted by: TruePaige
Hey, it's head in palm, guy, fed style!

http://us.news2.yimg.com/us.yimg.com/p/fi/14/67/68.jpg

:laugh:

Fedpalm FTW!

 

[Engineer]

Originally posted by: AnonymouseUser

Originally posted by: UNCjigga

Originally posted by: Engineer
FED just cut rates by 3/4 point!!! :shocked:

Who's the alarmist now? WOOHOO you go Bernanke! Don't even wait till next week!!! 😀

Hooray for hyperinflation and the devaluation of the dollar...

Yep.

 

[LordSnailz]

Stupid question but this rate cute is directly related to the mortgage rate right? Wonder if it'll go low enough to refi out 5.6% 30 yr. fixed.

 

[Engineer]

Originally posted by: LordSnailz
Stupid question but this rate cute is directly related to the mortgage rate right? Wonder if it'll go low enough to refi out 5.6% 30 yr. fixed.

No, it is not (unless you're talking about an ARM, which you are not). Bond rates (long), typically set the mortgage rates. If they are going lower, then mortgage rates will follow.

 

[LegendKiller]

Originally posted by: AnonymouseUser

Originally posted by: UNCjigga

Originally posted by: Engineer
FED just cut rates by 3/4 point!!! :shocked:

Who's the alarmist now? WOOHOO you go Bernanke! Don't even wait till next week!!! 😀

Hooray for hyperinflation and the devaluation of the dollar...

Do you even know what hyperinflation is? According to RP, its anything about 0%. What's yours ohh master of economics?