Quote:
Originally Posted by Bill14564
Isn't it odd to call it a "fixed income" in a thread about that "fixed" income receiving an increase next year?
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I agree that it is odd. What about your income is "fixed"? It is a silly misnomer. It probably also inhibits intelligent investing. If your income truly is
fixed, you should get a financial adviser to change your investment portfolio.
Interest rates are not fixed. They change daily. The return on long term securities is not fixed. Unless it is zero coupon, the bulk of the return comes from reinvestment income. Unless you are near death, some of your savings should still be in equities, including indexes based on non-US companies.