If you’re about to graduate from work to retirement, or if you’re in retirement, you know how hard it has been to save and invest while interest rates have been “lyin’ on the ocean floor.”
Your Survival Guy has been talking to you about this for a long time now.
- Note for the Federal Reserve: Don’t Cut Rates
- Interest Rates Weighing on Banks’ Balance Sheets
- Here’s How to Explain Negative Interest Rates to Your Spouse
- Interest Rates Need to be Higher Pronto
- Low Interest Rates Threaten Insurers and Baby Boomers
And Your Survival Guy would understand the Federal Reserve holding them lyin’ on the ocean floor if we were in some sort of great depression. But we were not, and we are not. We were in a self-induced Federal Reserve coma, encouraging risk (read: private equity) and making a margin of safety out to be something bad.
That’s not reality.
As Dick Young has advised you and your family numerous times, interest rates or the T-Bill is your North Star. It is where you can look to get your bearings.
Action Line: You can sink your teeth into these yields. Don’t seek price appreciation in stocks without understanding how much you can get paid by investing in treasuries. When you need help finding the North Star to navigate today’s markets, email me at ejsmith@yoursurvivalguy.com. And pick up a map by clicking here to subscribe to my free monthly Survive & Thrive letter.
Read the entire series here.
