The Fed will keep on hiking rates this year and short-term bond yields will rise alongside. That would result in a similar rate for cash-like assets such as money-market funds.
Cash is emerging as a popular asset in Wall Street. As the Fed plans to raise interest rates faster this year, cash-like assets such as money-market funds should reflect that rate pattern.
What should a retiree do in a rocky investing environment like now? We highlight a few ETF strategies that could be considered in a retirement portfolio with a medium-term focus.
Wall Street has been going into a tailspin due to rising rate worries. Buy short-term bond ETFs that offer solid current income. This way one can beat the upheaval in the equity market and evade interest...