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clock Created with Sketch. 15/03/18
11:40
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Originally posted by Hyman Roth
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That's the million dollar question isn't it when and how quickly will interest rates go back up. I think to myself sometimes interest rates will go up very slowly as the banks wouldn't want all the defaults that would happen with the rate increases, but then you hear that a good portion of the banks money is borrowed from American banks and as their economy improves and rates rise the Australian banks will have no choice but to increase interest rates.
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Where or not you made a loss would have been depndent on whether you still hold or when you sold. There are certain location assets that would have netted a little or good gain if you had timed it and selected right.
