South Windsor has a large retirement population and may on fixed incomes. You hear in the news everyday about raising interstates, so what does that mean for you?
Around South Windsor, Glastonbury and all over Hartford we are all getting ready to send the kids back to school and getting back to work and finishing up this year. Time flies and you’re having fun, my oldest will start 1st grade this year wow. I have to stop blinking or blink slower so I don’t miss anything. So with getting older we must also get ready to retire. Mundo Financial services looks at bonds, are bonds safe for you after a 30 year bull run and rising rates? What about inflation?
So as inflation and interest rates rise, bond prices could fall. There are investment strategies that may provide greater protection of principal in higher interest rate environments than bonds. Real estate, for example, may provide better protection against higher rates than bonds. Bond yields are fixed once investors buy bonds, but yields on real estate may adjust for fluctuations in rates.
South Windsor has a large retirement population and may on fixed incomes. You hear in the news everyday about raising interstates, so what does that mean for you?
Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.