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.
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Latest posts by Dick Young (see all)
- Strong Performance for Shippers as Economy Finds its New Balance - September 16, 2020
- Monetary Heart Attacks Likely to Lead to S&P 500 Crash - August 6, 2020
- Dump All Low Yielding US Treasuries Now - August 5, 2020