No. of Recommendations: 5
Now that even Greenspan has mentioned the D word, I've decided to put a lot of funds into CD's. I'm hedging by buying 3-yr double bump up CDs from Independence Savings & Loan at 2.25% (2.27% APY). If I'm wrong and interest rates rise, I can bump up twice. But if we go Japan style, three years won't be long enough so we will be in the soup. I've decided to be optimistic in my old age so I assume that we will recover at least after Dubya is defeated in the next election. But I was wrong in my first 65 years in projecting disaster. Can I be wrong again?

I had a friend who sold all when Dubya played fast and loose with the last presidential election. Wish I had listened to him closer but am enjoying the little bull market we are having as long as it lasts. Even have a couple of stocks hitting all-time highs the last few weeks.

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