Originally Posted by
clipperskipper
If you read the CNBC post you would find that most people were in cash, and planned on staying in cash for 2010, I just didn't see it that way. I have a lot of buddies all in cash, sitting on the fence with regards to Wall St. and real estate. Paper is cheap, I don't thing you'll ever see 3% interest rates after 2012. Nobody is bashing anybody, although I think you'll see a good January sell of.
I agree that the 3% interest will probably be on its way out,I know the savings rate is a dismal .10% at the moment .
Ally