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Thread: Move all investment money into fixed income?
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Old 11-22-2022, 02:00 PM
jimjamuser jimjamuser is offline
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Originally Posted by LuvtheVillages View Post
Because Jerome Powell, head of the Federal Reserve, has said that the goal is for interest rates to be more than the inflation rate.

There are more interest rate hikes to come.

If you decide to go fixed income, perhaps start moving just a portion of your funds, and add more later as interest rates increase.
Yes, because the Fed is trying to drive INFLATION down. Older retired people are the ones MOST hurt by inflation because they are on fixed incomes and NOT working. So remember, the Fed. is YOUR friend.