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Vanguard REIT ETF Message Board

  • rld4191966forever rld4191966forever Feb 2, 2012 5:38 PM Flag

    Savings rates took another hit today.

    More money going into the market.
    Problem is, the wolves know this and will wait for a nice rally and then go for the kill.
    I expect the dow to get near 14,000 and then close it under 10,000.
    By the end of the year 5 year Cd's will be 1.00 and zero for the liquid stuff.
    This is exactly what happened to Japan. 80% haircut coming.
    10 years from now there will be 1/3 more people over 60, they'll be withdrawing hand over fist. Not to retire happy, but to help the kids not working and just to get by comfortably.

86.74-0.60(-0.69%)Sep 30 8:00 PMEDT