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How The Safest Investments For Retirees Went Wrong

Friday, August 24, 2012 - 8:48 AM
Retirees who put their money into low-risk investments like Treasuries and certificates of deposit (C.D.’s) thought they were doing everything right. But the Federal Reserve’s decision to keep core interest rates near zero since December 2008 in an effort to spur borrowing and overall economic growth has hurt the nation's retirees who often depend on such safe investments for current and future income.

http://www.thefiscaltimes.com/Art....aspx#page
7
ShorebreakShorebreak2,367 posts since
Apr 6, 2010
Rep Points: 12,605
1. Monday, August 27, 2012 - 9:48 AM
I will still stick with CD's. We have no other choice until Wall Street is cleaned up.
3
AllyAlly774 posts since
Jan 16, 2010
Rep Points: 2,257
2. Monday, August 27, 2012 - 9:52 AM
I will still stick with CD's. We have no other choice until Wall Street is cleaned up.

Would not buy muni's when they are dependent on property taxes.
4
AllyAlly774 posts since
Jan 16, 2010
Rep Points: 2,257
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