|
Southern Minnesota | A question with the rise in interest at what point would older people look at putting it in interest bearing accounts and be safe? Up til now that really has not been a very good option so there only place was stock market. What happens when stocks are making a little more than savings or god forbid less.
We talk about the 80's in the farming cycle but I remember my grandpa had 13 % and higher cds back then what did the stock market project for annual earning then.
What if interest bearing becomes the savings of choice all 401's Ira's ect are plowing money into mutual funds. What happens if you get a few fund managers that think they are smarter and move to safer portfolios for there mutual funds ect ect. | |
|
Stock market?
