Fed Cuts Rates: Will RV Rates Follow?
The Fed cut rates 1/2 percent this morning in an effort to keep the stock market bubble growing. I'm negotiating a new RV loan to close in 10 days and the dealer quoted me 5.49% last week. I haven't...
Forum Discussion
ajriding wrote:
If stock market drops then for sure those who are Short Sellers win.
The money doesnt leave, someone has it somewhere. The stock market is a valuation of the worth of the sum of the stocks, not the sum of the money invested. Stocks can go to zero, but the money is always the same value and it just changes hands. If you buy Apple stock, then literally Apple get that cash money, on that day or that second the stock represents that same cash amount, but then stocks go up or down and become worth more cash or less cash, but Apple still has the cash you initially bought the stock with, that cash does not change.
Who loses? The ones with stock that lose value and who sell that stock at a lower value. You only gain or lose when you go to sell the stock, not during ownership.
Very few understand what the fed is so I wont attempt more there..
Enjoy the new RV and enjoy our great country!
I am speechless.......
