September 4, 2009
More money has probably been lost by overreaching for yield than by any other misguided strategy. Today, investors are really spooked. Money market funds, bank CDs, and treasuries offer little in the way of yield. That’s why I would suggest that you eschew all three, except for your emergency funds. I would also, given my views on inflation (expressed monthly in my letters and Matt’s client letter), avoid long maturities. A middle-ground approach is the way to go. I outline my views in both my monthly strategy reports and use this work to craft portfolios at Richard C. Young & Co., Ltd. Our subscribers and clients are the regular beneficiaries of our goal of not falling into the yield-reach trap. I hope you and your family will join us.
Dick Young
Latest posts by Dick Young (see all)
- What Are You Getting Paid? - February 15, 2019
- When You Get OLD, Things Have to Be RIGHT - February 13, 2019
- Build Your Investment Strategy for the Field of Play - February 8, 2019