Quote:
Originally Posted by tophcfa
The media is downright giddy that the most recent inflation report indicates the Fed might soon be cutting interest rates. Exactly how is that good news for responsible senior citizens who have saved their hard earned money, avoided debt, and want to earn a reasonable real rate of return above inflation on their savings?
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You need to take action now before the rates drop. There are still safe investments out there that will pay you 5%++. But don’t wait too long.