“We all know rates of interest are low, however what can we really do about it?”
That’s the massive reader query proper now, with an emphasis on rates of interest. That actuality was underlined for me in a latest call-in for Dallas Morning Information subscribers. In regular occasions, reader questions cowl a predictable universe:
Ought to I retire now? Or later? Do I’ve sufficient to retire?
Ought to I purchase a home? Ought to I promote my home?
Ought to I refinance my mortgage?
How about investing in (you title it)?
Is it higher to lease or purchase a automotive?
Not immediately. As a substitute, your complete focus of reader questions was on what to do about low yields on financial savings — and the associated hazard of overvalued shares with shrinking dividend yields. What does this imply for the long run?