Trump is a business man, not a banker, low interest punishes savers and elderly. I am a Trump supporter but near zero interest has punished old folks on retirement and savers...if he ever allows negative interest rates to be instated by the banks, he will lose my support.
I think he has his eye on the National Debt interest. I expect that he will have a mechanism in place to reduce the debt before interest rates rise.
If he gets cooperation infrastructure repair will be a public/private venture as well and the bones of that will have been hammered out before interest goes up.
There’s never been 8 year period of time when the market’s didn’t make money. That includes the crash of 1929.
The problem with low interest accounts is they’re often a guaranteed loss - - if there’s even mild inflation. That’s rough at our age.
I’m retired too... so I know the need to be careful. Vanguard Mutual Funds was one of my compromise between being careful and a desire to make money. They have the lowest expense ratio in the industry - and lots of good funds.
With all the money that’s been borrowed the last 20 years - our massive National Debt - the country can’t afford the high interest rates of the past...even if it helps savers.
The only sure bet is to find a crystal ball and know the future. But in this world, a diversified conservative portfolio would be a close second...