Friday, December 16th, 2016 and is filed under Uncategorized
On Wednesday the Federal Reserve increased its key interest rate by 0.25%, marking the first interest rate increase since June of 2006. According to financial professional Cathy DeWitt Dunn, the Fed is likely to increase rates even further in the coming year. Read More
Friday, August 23rd, 2013 and is filed under Retirement Income Annuities, Uncategorized
With the Fed putting the brakes on its economic stimulus package, interest rates are on the rise. If you have bonds in your investment portfolio, you are probably experiencing “the seesaw effect.” Interest rates rise, and bond values drop.
There is no indication that interest rate hikes will be slowing down any time soon, and that is driving baby boomers and older retirees to start unloading their bond holdings. But how are these investors going to replace the income and protection their bonds once offered? Read More