Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: How should you adjust your retirement saving strategy if you are uncomfortable owning stocks?
A: Depending on your circumstances bonds can help you: Grow capital through high-yield returns There are high-risk/high-yield bonds that may be of interest to you as you look to grow financially. [ Remember that when you invest in higher-risk instruments you face a greater potential for loss due to interest rate risk and credit risk. Carefully research each bond offering and know a bond issue?s
conditions and terms (including its? rating, call features and whether or not it is insured) prior to investing. A financial advisor may be able to help you. Click here to learn more about ?Selecting and Working with a Financial Professional.? Preserve your savings for a big future purchase If you are saving money for a large future purchase?a car, a wedding, a house?you might consider investing that savings in a low-risk bond with a maturity date that matches the date you will need the money. For example, new issue U.S. Treasury bills, notes and bonds are available directly from the Federal Reserve in three-month, six-month, and two-year and three-year maturities in $1,000 increments starting at $1,000. You can also buy outstanding Treasury or corporate bonds with maturities timed to your needs in the secondary market through a bank or a broker. Prices and yields will vary. Diversify your employer-sponsored retirement plan If your 401(k) or other employer-sponsored retirement plan offers a variety of mutual funds, you might want to allocate some portion of your assets toward bond funds to diversify your holdings and spread your risk. Because the stock and bond markets do not often move in the same direction, bond investments can stabilize and even enhance your overall returns. You might look into high-yield and long-term bond funds if you want to take more risk for the possibility of higher returns. - See more at: ]
smp0784|Points 4142|
Question
Asked 9/15/2013 8:17:02 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,402,492 questions answered
Weegy Stuff
S
P
P
L
P
P
P
Points 131 [Total 1867] Ratings 3 Comments 101 Invitations 0 Offline
S
Points 73 [Total 84] Ratings 5 Comments 23 Invitations 0 Online
S
Points 30 [Total 30] Ratings 3 Comments 0 Invitations 0 Offline
S
Points 16 [Total 16] Ratings 0 Comments 6 Invitations 1 Offline
S
L
Points 15 [Total 112] Ratings 0 Comments 15 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 5 [Total 5] Ratings 0 Comments 5 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.