What is coming up that is going to keep us from either investing or make us change our investing in something we have never invested in before. Maybe what is going to happen is going to take what little extra money we do have to invest and we find ourselves just barely holding on. Whatever happens depends on what Congress decides to do with our interest rate, which it makes it hard to buy or sell. who knows.
We can almost guess that they more than likely will vote to raise the interest rate some time this year because the government is so far in debt that they can no longer keep the country at bay with such low interest rates. If they do vote to raise the interest, then our lives will be at a wits end. Many will be unemployed, homes will drop in price again, interest rates for homes and cars will rise meaning that sales will drop. Already food prices have been climbing and with the interest rate up so will many other things raise, but not Dow Jones.We will see Wall Street take a hit and no one is going to know where to go.
It is wise to be prepared for what will happen this year. Now, there is a possibility that gold and silver will begin to climb, because our dollar will be close to being worthless. There will be even many more people depending on the government for food and shelter, which is going to put another crisis on the government and state governments, causing more government spending and possibly many cutbacks on those on Medicare and Social Security. Here is something we should keep in mind, since oil prices have been very low we need to keep an eye on the market when there is a sharp drop usually around the corner there is a rise, so we may need to invest back into oil shortly. Bonds will be worthless due to the fact they backed by the government when the interest rates rises and the dollar drops, the government and the economy will take a big hit. Since the government is the creator of the bonds and their backer, we will see bonds take their toil.
It is hard to tell what the government will do but we have had low interest for so long and our dollar has become so weak, I have a feeling they will be voting for higher interest and there has been several researcher saying the same thing. So take care in what you are investing in and hold to what is the only money you may have. It may be wise to purchase Gold or precious metals and put in a safe place for a good investment. Remember gold diamonds exchange should be carefully watched and wheter you should buy or sell, who knows.