The Only Game in Town

Stocks are now officially virtually “the only game in town.” As of Thursday’s announcement by the US Federal Reserve, their benchmark interest rate will remain at near-zero for the foreseeable future. The “foreseeable future” has been indicated as at least 2022 and perhaps beyond. The “benchmark interest rate” set by the Fed dictates interest rates on most money markets, bonds, and CDs – and most mortgages. This discussion is focused on bonds, CDs, and money markets versus stocks.

In this environment where “stocks are virtually the only game in town” for investors looking for return, rebalancing is a MUST.

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Is This Time Different?

Originally titled, “Practical Suggestions, part 2” this edition of TGIF 2 Minutes covers a topic more related to “Is This Time Different?”

Related to a specific situation or event, most everyone has heard the bold acclamation, “This time is different!” Then, there are those who firmly believe that times are NEVER different… and that time simply repeats itself but with different nuances.

Looking at today, who is correct? The past 12 years are evidence of BOTH.

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In saving for or in retirement, it has never been more important to have a mix of a comfortable amount of safe cash plus a well-designed portfolio.

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