Despite the Fed rate cuts, there is still time to get your lazy money working for you.
Originally posted on January 20, 2023.
With bond yields this high and considering you might have some lazy cash still sitting around doing nothing, isn’t it time to put it to work? It’s been a while since we’ve seen full faith and credit treasuries with yields this high.
Let’s not get into the prediction business. Will the Fed raise rates further? Will it be forced to cut later this year? Not my concern. My concern is you building a portfolio focused on generating income.
Action Line: When inertia gets in the way, the result could be another year of your lazy cash sitting on your couch and eating all your food. Instead, put that cash to work. Let’s go.
