Well: Hi people this is Richard coming to you from Garden City Beach South Carolina on May 12, 2021.
I hi t has been a rainy day here in Garden City Beach, cloudy, windy, chilly temperature has been running around with 57°.

 I have been working on my computer today learning a new web browser Vivaldi so far so good;” I really like this browser”. Now for the depressing part of my week had to pay bills yesterday, boy that is one show I do not like, you put all that money in the bank, and you got to pay it all out” How Depressing that can be.”

As you all noticed the stock market is taking a crap, I spoke to John today at Merrill Lynch he says he’s been awful busy; but do not panic too much; do not get all excited and take all your money out; remember Joe Biden is just another Jimmy Carter, I remember in the 70s interest rate to purchase a home was around 8.9% just run them numbers for little bit.

A mortgage rate of $250,000 at 2.89% for 30 years payments at $1039. With the same amount of mortgage at 250,000 at 8.9% for 30 year mortgage is $1994 a month, that would be $334,000 more interest to be paid, this is what is going to happen if Joe Biden stays on his same path, that is why I say he’s just another Jimmy Carter.

In January 1970, the average car loan carried an 11.5 percent interest rate, matured in 34.7 months and called for a monthly payment of $100.33.

In January 1985, the average car loan was affected by cut-rate-finance campaigns offered by various auto makers, primarily the domestic ones. Still, the average car loan then carried a 12.2 percent interest rate for a term of 51.5 months. The payment: $270.18.

If you are thinking about trading your car and you can get a good interest rate you may need to consider buying one before the interest rate climbs.