Registered: Aug 2010
08-17-12 12:16 PM
Quote from sneakoner:
I guess current rates are pretty low...where is smart money going right now? Slowly back into stocks? I was going to put it into a money market account but the yields are horrible there.
+1 to free thinker's thought re this.
i've seen/heard about financial advisors putting clients in bond funds for more yield b/c mm, cd, checking/savings are at zero. they are in for a rude awakening when all of their yield is wiped out by a capital loss. for those who haven't had their morning cup of coffee, an investment that yields 2% and loses 3% is not good.