Talk of The Villages Florida - View Single Post - Inflation
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Old 11-26-2021, 11:58 AM
coralway coralway is offline
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Quote:
Originally Posted by retiredguy123 View Post
The inflation rate is currently 5.39 percent. But, my money market fund, where I have 30 percent of my portfolio, is yielding 0.01 percent. So, I just moved 10 percent of it into my junk bond fund, which is only yielding 3 percent. My short term and intermediate term bond funds are yielding 0.6 and 1.5 percent. My only investment that has any chance to exceed inflation is my S&P stock index fund. I feel like the Federal Reserve is stealing money from me by keeping interest rates artificially low.




You could do a lot better - look around and do some dd.