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Posted on 8/30/16 at 10:52 am to BeefDawg
Impending rate hike is already built into today's equity. Not worried.
Posted on 8/30/16 at 5:59 pm to BeefDawg
Yeah, when the Fed raises interest rates, stocks may fall for a few days, but they will rally soon after.
Even if they raise rates, the average dividend payout is still a far better investment than keeping money in the bank.
Now, if certificates of deposit increase to 3%, I will start reducing my exposure to the stock market.
BTW, I am already accumulating cash from dividends in anticipation of this happening. I am not reinvesting what I have accumulated until the stock market tanks big time again. I am waiting for a major correction. I am in an holding pattern.
Even if they raise rates, the average dividend payout is still a far better investment than keeping money in the bank.
Now, if certificates of deposit increase to 3%, I will start reducing my exposure to the stock market.
BTW, I am already accumulating cash from dividends in anticipation of this happening. I am not reinvesting what I have accumulated until the stock market tanks big time again. I am waiting for a major correction. I am in an holding pattern.
This post was edited on 8/30/16 at 6:00 pm
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