We are in a “Yield Crisis” in America. {readmorelink}
We are in a “Yield Crisis” in America. The Federal Reserve continues to keep short term interest rates near zero, translating into very low CD and money market rates. There is still an enormous amount of cash still sitting on the sidelines (SmartMoney estimates $3.6 Trillion). Most people can’t meet their financial obligations in retirement living off of 1% interest.
Wes Moss, CFP® participated in a series of articles for SmartMoney Magazine discussing how investors can “Put Cash to Work”. The articles discuss stocks, bonds, and Real Estate, and will help you find a home for the “cash” that has stopped working for you…
Here’s the link: http://www.smartmoney.com/investing/economy/put-your-cash-to-work/
