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Re: OldAIMGuy post# 39919

Wednesday, 09/23/2015 3:07:33 PM

Wednesday, September 23, 2015 3:07:33 PM

Post# of 47072
Hi Tom, re:FGD
I wonder how much of that drop was caused by the anticipated fed rate hike? Which never happened.... I watched the 10 Year Treas go from 2.14 up to 2.31 in like no time flat... then retraced to 2.12 when they didn't raise... I'm so beyond sick and tired of near 0% I can't even put it into words... There is a missing piece to our economy--->>> When rates finally do rise, those with savings and income funds will get more income and boost the economy a bit.... Broke people are broke people and always will be at any rate.. maybe it's time for the fed think of the rest of us... Money shouldn't be free... Your FGD spins off a nice yield in this environment.. Best regards, Ken


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