- 06 Feb 2018 06:06
#14886116
I have lower risk ETFs and gold (not actual gold, just an ETF that holds only gold) outside of my 401k as a hedge. I guess I should get actual gold at some point.
however, these lower risk ETFs are heavy in bonds, and if the bond market is what's the trouble.... well... there goes that.
jimjam wrote:Don't they offer a "safe" option for nervous people. Fixed income? Of course "fixed" is just that fixed, the game is rigged and "fixed" is pretty much zero. But, it offers safety and protection.
I opened a bank account recently that offered $250 for a new account. I had to sit through an hour or so listening to a nice young lady explain all of the bank's "products" that I could avail myself of. At one point she got to the interest rate I would reap on my new account ...... 0.01% I asked her if she was embarrassed to make such an offer to customers.
I have lower risk ETFs and gold (not actual gold, just an ETF that holds only gold) outside of my 401k as a hedge. I guess I should get actual gold at some point.
however, these lower risk ETFs are heavy in bonds, and if the bond market is what's the trouble.... well... there goes that.
I can think of 11780 reasons Trump shouldn't be president ever again.