Uncle Sam is Forcing Us Into Stocks As Fearful Memories of the Technology Crash, 9/11 and the Financial Crisis Linger.
What To Do?
BOSTON (MarketWatch) — Sorry, Grandma. You’re getting the shaft from Uncle Sam.
If you save your money in certificates of deposit, or short-term bonds, you’ll earn
next to nothing. And you’ll lose purchasing power each year as inflation eats away at your money.If you try to earn a little more by owning long-term bonds, or higher-yield ones, you’ll be putting yourself at risk. Both those types of bonds involve risk. Long-term bonds can get hit badly by inflation. High-yield bonds are typically issued by companies with weaker finances. They are vulnerable in a downturn.
What can you do?
BERK: Buy and own stocks of great companies - that's what we do for our clients.
Disclosure:The ValueAligned Portfolio (VAP) is a Ready-to-Go Folio (RTG) created and maintained in Folio Institutional for the sole use by clients of BerkAdvisory. The performance is updated daily and assumes cash distribution reinvestment. VAP performance does not represent actual performance experienced by customers who pay no more than 1% total fees per year. There no other fees or trading costs. The 1% fee is not included in the performance shown above because the VAP is model based. Past performance is never indicative of future performance.
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