I’ll Take the Risk Free Return of 4%

...instead of risking my cash for a possible real estate return of maybe 9% at best at this point.


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[Fed fund futures are pricing in the possibility of three more increases this year. Fed fund futures are now pricing in the possibility of fed funds reaching 4.25% by the end of the year. Traders are now forecasting another 25 basis points in the next two meetings, pausing in December, than raising rate to 4.25% in February 2006. This week, Goldman Sachs raised its target for mid-2006 fed funds to 5% from 4.5%.]

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