Hey, how come your not bothered by the Fed's raisining interest rates 14 times. Quit complaining...
Freudian slip?
San Francisco - Fruit- Raisining
"Hey, how come your not bothered by the Fed's raisining interest rates 14 times. Quit complaining..."
Raise it some more, get it back to 17%!
I did real well under those rates, the bank offered me 50k@12%, I took it and loaned it out at 18% and a year later converted it into a 25% ownership in commercial acreage that we sold and I turned that loan into a 64k profit in a year and a half.
Also took advantage of some forclosures and turned them for 80-100% profit in 90 days.
Those were good times.