RE:RE:RE:RE:RE:and there goes the loonieBpultra; how did you know I like sleds, atv's and especially boats! nice 48 footer would be one toy I would consider if AVO stock hit 50.00 given human nature ( which in old age, I am trying to avoid) I would predict people will take on more debt. smart ones will refinance and clear up any high interest credit card debt but temptation to borrow will be strong for the majority of people. Shiny new car, new sled.... that is the reason the bank is doing it. "stimulate" consumer spending. they don't get people spending and retail, homes all wither. wait till the people from the oilsands start coming home to NS, Newfoundland etc. wont be able to make payments on that big 150 ford ranger that has more chrome and leather than a 70's disco lunge. home values in Alberta are already going down, big vacations with the girlfriend will be thing of the past. A lot of people out west are going to feel some real pain by spring. once their 10k in the bank account is gone, they are pouched So, we all know interest rates will eventually rise. only thing us plebes can do is guess when. only a few people truly know what the game plan is and it sure isn't me. For me, the faster AVO climbs and the more I rein myself in on fantasizineg about that boat the better. ONe sunny day the BOC will have no choice but to raise rates when other key banks do. Canada would have to go along and that is when over leveraged folks will be in a world of pain. Not that my predictions are worth anything, but I actually suspected last year BOC would lower rates/ not raise them. reason being if they did, we would have financial melt down due to all the people already living from pay cheque to pay cheque. I see it in my corporate clientele. ever since 08, they have cut back all spending. Here's hoping AVO at 50.00 is obtainable in 2015. I think I would sell half my stock which I purchased at 4.50 and let the balance purchased at 30.00 see what it does. all the best and lets see what happens after the CIBC gig