Consult your advisor, there are many other ways to attain investment income in a conservative fashion.
Well the good news is that congress will probably change tax laws to not tax interest income.
The treasury rate compared to inflation is about the same today as it was then, so we savers (I’m one) are no worse off.
I use preferred stocks and pipeline MLPS that pay 4-7% dividends.
So, if savings rates go negative, will mortgage rates go negative too? Banks pay you to lend you money? credit cards pay you when you have a balance?
Not a chance. But this will screw people royally who can no longer work, busted their a$$ to save, and now get a pi$$y rate of interest and will soon get none!
There will be a mass exodus from Trump land.
1) If it is durations other than short term rates it is the market, not the Fed.
2) If it is the market it is in response to global bond rates. There are a half dozen European nations “paying” negative interest rates. The Fed can’t do anything about that.
3) I currently fear market risk less than interest rate risk.
To claim you are for the middle class and the proverbial working man and woman, and push for ever lower interest rates is the height of hypocrisy.
Not only seniors, but pension funds, insurance companies, even Social Security (those FICA taxes are ‘invested’ in Treasuries) depend on the cash flow of risk-free interest.
Ever lower rates starve the middle class and retiring class, and only serve to create asset bubbles.
Negative rates are insane.
You can only safely devalue currency so much. At some point it’s better to just start taking it from people.
It would be far better to cut taxes in order to increase yields.
And thus the Dow opens down 400 points.
And thus the Dow opens down 400 points.
Dabbling is foolish.
Investing is an index fund provided by any one of several major financial houses is investing in America and over the long haul is risk free. Betting on America is a safe bet
Getting a part time job is not a waste. It keeps you sharp.
GreenScam single-handedly collapsed our economy after promising us housing never goes down. Just another establishment hack raping the American people. Any 2 words he puts together necessarily has to be a lie. I wouldn’t ask this jackwipe for the time of day or if it is raining outside.
Evil punk.
Money pushers are just that
We know what Jesus has to say about them
Municipal bonds, especially General Obligations, can still be had at 4%-5%.
This is just another plan for wealth confiscation. More will be coming along shortly.
“Seniors used to rely on Treasuries yielding maybe 5% as a safe way to help fund their retirement.”
We haven’t had 10 year Treasuries yield that much since 2007, and then only briefly.
The era of very low rates really began in 2001. It was one of the drivers of the real estate bubble, when investors went hunting for higher yielding debt paper to purchase.
https://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart