Publisher's Synopsis
With the bursting of the stock market bubble, and after 13 rate cuts by the Federal Reserve, yields on CDs and Money Market funds tread at historic lowsa "negative" return after inflation. With smaller savings coupled with lower returns on what savings remain, retirees and others living on fixed-income investments watch in horror as their income checks shrink with each passing month. However, there are investments that still earn a significant rate of returnand do so reliably and consistently. These "fixed-income securities" include bonds, real estate investment trusts, preferred stocks, and emerging market debt, among others. As 70 million Americans reach retirement age in the next 15 years, fixed-income investing will become a sociologically inevitable megatrend. This book" "shows you how you can safely secure the highest possible yield from your savings. "