Friday, May 29, 2009

The Celestial Navigator: Economic Wrapup - May; 2009....

The Celestial Navigator: Economic Wrapup - May; 2009... 

I am no financial guru... my take and please correct me if I am wrong.

My current fixed income will suffer with inflation but the effect on my only out standing debt, my fixed rate mortgage will be positive.  of course everything else I pay for will be more expensive, food, heat in winter &  the electric bill to power up, gas etc...

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