Rising interest rates usher in a new era for savers: Dale Jackson
BNN Bloomberg
It’s a new dawn for retirement savers with nerve-wracking levels of exposure to volatile stock markets, Dale Jackson writes for BNN Bloomberg.
That may seem like the case for over-leveraged borrowers, but it’s a new dawn for retirement savers with nerve-wracking levels of exposure to volatile stock markets.
You need to go back over three decades to find a time when investment grade bonds did more of the heavy lifting in retirement portfolios; generating decent and reliable returns while lowering overall risk.
In that era, it was normal for investors in or nearing retirement to have a significant portion of their portfolios in fixed income.
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