And people think the market will crash? Look at all that money just sitting on the sidelines.
Couple things I have been pondering….
1.If/ when housing rates come down I wonder how many of this cash is in people’s reserves to put a down payment down.
2. Would this high amount of cash come out of here if mm fund rates come down? Where is that money most likely to go if not spending on a house or saving etc…bonds? Back into stock market?
That’s where 80% of my $ is, earning a nice 4.5% while waiting for the stock and RE markets to collapse.
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And people think the market will crash? Look at all that money just sitting on the sidelines.
Couple things I have been pondering….
1.If/ when housing rates come down I wonder how many of this cash is in people’s reserves to put a down payment down.
2. Would this high amount of cash come out of here if mm fund rates come down? Where is that money most likely to go if not spending on a house or saving etc…bonds? Back into stock market?
That’s where 80% of my $ is, earning a nice 4.5% while waiting for the stock and RE markets to collapse.