The search for decent yet safe yields seems to have turned into a permanent investment goal. The Federal Reserve has repeatedly renewed its commitment to near-zero interest rates. Let's hope this turns out to be good news for the economy, because it has trashed the safest returns for retirement investments.
Advising older folks to not be too risky with their nest eggs is of limited help these days. Everyone takes on more investment risk when short-term yields are zero. And everyone, or so it seems, has been scouring the landscape for solid stocks with attractive dividends and dividend-based mutual funds.
Source: U.S. News & World Report
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