April 4th, 2012 10:19 AM by Eric Fang
Talked to one of the best friends over the weekend.We talked a little bit about my running, my pick of the bank statement, and his pick of home builderand Home Depot and Lowe stocks. I know he is doing well on the career and the investment.But what impressed me the most is: You don't have to maximizethe investment returns.
I agree with him. First, we can not predict which isthe best investment. Though we know (last year) that BOFA and other bank stocks will go up, but we stillcan not put all eggs in one basket.
It is very similar for the interest rates. We all want to have the lowest interest rates. But it's toolate when we know the bottom.
Looking back, On SEp 23, 2011 Blog, I predicted 30 yr fixed rate for 3.5%; 15 yr fixed rate to 2.875%.I know it was a history. But I did have one clientgot 2.875% for 15 yr fixed; one client got 3.55%for 30 yr fixed(best timing, a few hours). But I dohave a lot of clients got 2.9x to 3% for 15 yr fixed and 3.6x% to 3.625% for 30 yr fixed.
Here are the links for your reference:1)15 Yr fixed have lower Trading Coupons2)Sep 2011 Newsletter.
Very interesting. Is not it?