This transcript was prepared by a transcription service. This version may not be in its final form and may be updated.
Akane Otani: You're looking at a really scary situation where millions of aging Americans are potentially looking at a very difficult retirement. Akane Otani: In some ways the bond market can be thought of as risk-free, because if you buy a bond and then you hold onto it until it matures, basically when it expires, you're going to be paid back what you put in to buy the bond in the first place.
Akane Otani: So, when things start getting a little bit hairy, and when people start thinking, "Okay, we're going to go into a recession. We're going to see unemployment go up," usually investors want to be going into government bonds. Akane Otani: Almost. Yes. It's not necessarily a way to get rich every single year, but generally speaking, over the last 100 plus years, you're better off doing it than just being in stocks or just being in bonds.
Ryan Knutson: The bond market is in bad shape right now, because the Federal Reserve has been raising interest rates really fast. It's doing that to keep inflation in check, which is also really high right now. But by raising interest rates so quickly, it means that newly-issued government bonds are paying a higher interest rate than old ones, and as a result, existing government Bonds have started to lose value.
Akane Otani: It means that pretty much no matter how you tried to play the markets this year, you are down a lot, and that includes if you were in 60/40. So, this year, the 60/40 portfolio is actually on course for its worst returns since 1937. It is a very unusual and sort of painful loss given how reliable 60/40 was for so many years.
Susan Hodges: I said, "I'm going to take them out. I can't stand this anymore." That lasted about two weeks, and then Kirsten said, "Me too. I'm taking mine out too."Susan Hodges: Oh, I'd rather not say, but I will tell you that it was 30%.Ryan Knutson: How did that make you feel? Ryan Knutson: Are financial advisors starting to advise people to just put their money under their mattress?
akaneotani Por que los medios ocultan el terrorismo del comite pro santa cruz a manos de la union juvenil cruceñista que cada 5 km te cobran dinero para que tu puedas pasar mi sueldo no alcanza a tanto y las autoridades ni militares ni policias hagan nada al respecto acaso no puedo pasar