Quote:
Originally Posted by KC911
.... We have returned to just slightly above "neutral" which has juiced both housing and equities for WAY too long imo. Lots of folks adverse to equity risks can actually earn something on $$$ they've saved over their lifetime.
|
It's not just people averse to equity risks. A balanced post-retirement portfolio has some interest-based investments. For months we were losing money on equities and earning nothing on interest-based accounts. CDs that were earning .25% in May are paying 4% now. I just transferred into a 4.75% 12 month CD, and I expect them to go higher.