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@brothermichael -0.9 seems to be about the best 5 year I can see offered at the moment, I would say it’s not amazing, but not terrible. If you were going to switch to fixed you sort of missed the boat in my opinion. The only reason I’d switch is if another rate hike would make you financially...

@bomberman Bonds are dirt cheap right now. If and when rates drop they will deliver good returns, they also help reduce your volatility.

@keeley120 Again, nobody knows. It could increase by 200 bps and you’d look like a genius. It could drop by 100 in the next year and you’d look like an idiot. You can what if it to death but ultimately you’re trying to time the market and giving up a huge discount. If that makes sense for you...

@hassack There is nothing saying rate cuts need to be 25 bps. I’m not saying they are going down or up, but historically speaking they usually drop quicker than they go up. If it can go up 400 bps in a year it can certainly go down 75 in a year. Nobody knows. The only way you’d catch me...

@duckdodger56 Bonds also have another crucial purpose which is to reduce volatility. That’s why you’ll find most well designed portfolios still have some bond component. The primary goal is that the bonds beat equity returns.

@dpierre Prime -1.4 is a great discount. Unless you’re going to become insolvent I would keep that rate and ride it out.

@hmg There is about one way this can go perfectly right, and about a hundred ways that it is outperformed. Unless you start a successful business (low chance of success) your employability will be quite low for top paying firms. It’s maybe not popular to say, but you are going to be severely...