Talk of The Villages Florida - View Single Post - Sick & tired of the reporting it’s great news the Fed may be cutting interest rates!
Thread: Sick & tired of the reporting it’s great news the Fed may be cutting interest rates!
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Old 09-12-2024, 01:59 PM
OrangeBlossomBaby OrangeBlossomBaby is offline
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Originally Posted by Pugchief View Post
Harsh. Maybe they are concerned about needing expensive in-home care when they are older. Or supporting their unemployed adult children. Or something else.



Not true. Unless your investment portfolio is 100% stocks, bond rates and values are very sensitive to interest rates.
Most Americans don't have ANY "investment portfolio." Bond rates and values don't affect them at all. I have stock in one company. Current value is around $6,000. It was worth something like $325 when my grandmother bought it for me. If Intel goes bankrupt I'll be out nothing, since I never invested a dime of my own money into it. I have no pension, no 401K, no IRA, no annuities. Most Americans with a 401k only get to invest a small percentage of their paycheck into a limited list of fund options. Since their contribution is matching, they'll come out ahead no matter what happens to bond rates and values.