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- Newsgroups: misc.invest
- Path: sparky!uunet!van-bc!extropia.wimsey.com!jonathan
- From: jonathan@extropia.wimsey.bc.ca (Jonathan)
- Subject: Bond Funds
- Message-ID: <1992Dec22.030652.19435@extropia.wimsey.bc.ca>
- Summary: interest rate drops, is bond fund a good buy?
- Keywords: bond mutual funds
- Organization: Immortal Freedom's Deck
- Distribution: Canada
- Date: Tue, 22 Dec 1992 03:06:52 GMT
- Lines: 16
-
- Hi ! netter :
-
- If you watch the news everyday, you know that the canadian prime rate
- has dropped 4 times last week.
- I expect the interest rate will keep on declining because the Federal
- GOV. wants to depreciate the CND dollar (mentioned in Business World last week)
- and we need a lower rate to stimulate the economy.
-
- So is it a good time to buy bond mutual fund? Or I have missed the
- right time?
-
- Any comment will be appreciated.
-
- Merry Christmas :-)
-
-
-