I got out of the market several months ago and sank our money into home improvements. Since we live in a modestly-priced, modestly-sized house with a fixed-rate mortgage, I am confident that my investment is safe. Later, when the economy recovers, I can sell the house and recoup my equity, or just continue to live in it.
Some $40 billion or more entered U.S. money market accounts last month. I believe that set a record. It appears that folks are parking their money to see how this shakes out.
Well, at least Wall Streeters got their bonuses this year before all the hoopla.
Another good way to go. Or just pay off your home.
I’m sounding like “Let them eat cake.” Please excuse me. There are too many people out there that need their government to make up their minds. Use your own brain that God gaveth to you.