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Investment Income? Use Your Imagination

Saturday, July 9, 2011 - 8:55 PM
From NYTimes.com
The Federal Reserve says it’s winding down its quantitative easing program, but it makes no such claims for the regular kind of monetary easing, keeping short-term interest rates near zero.

Fed officials say short-term rates will stay low for months to come, and the challenges facing income-hungry investors are likely to linger, too.

The plain-vanilla vehicles that many investors use to generate income have been yielding pitifully little — and they provide scarce help in keeping pace with inflation, let alone building a stockpile of cash for the future. The average money-market fund and one- and two-year bank certificates of deposit yielded less than 0.7 percent as the second quarter ended, according to Bankrate.com.

What’s challenging for now is that “there’s no place to go for income” among these cash surrogates....

[Read more...]
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WhataBummerWhataBummer413 posts since
Oct 15, 2010
Rep Points: 1,702
1. Saturday, July 9, 2011 - 9:49 PM
WaB,

Thanks much for your faithful effort to bring many pertinent artciles to our awareness timely.  I for one have benefited tremendously from your contributions.

R,

51
2
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,426
2. Wednesday, July 13, 2011 - 3:50 PM
51hh,

A belated thank you for your kind words. Hope to keep the articles coming as I find them, so all can enjoy.

WaB
3
WhataBummerWhataBummer413 posts since
Oct 15, 2010
Rep Points: 1,702
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