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Investing retirement money is totally different from how we invested in the past. You are no longer trying to get rich; your goal is to make your money last for the rest of your life so you can enjoy your golden years. Successful retirement is a ... more

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Banks Make Billions Printing/Lending Money When They Don’t Have To Worry About Being Paid Back
Americans are fed up, and prices are skyrocketing. Unless Congress gets a real wake-up call, many pundits predict complete economic collapse.
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What Is So Special About Gold?
The gold standard limited government spending to the amount of gold/silver they have and what they can borrow in an open market.
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Is Capitalism Destroying The American Economy?
Capitalism works well until competition becomes limited and big companies dominate. When the government breaks up monopolies, it creates competition and is generally good for the consumer.
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Interest Rates Are Rising, So Now What?
When the Fed bailed out the banks in 2008, interest rates dropped to historic lows. Many retirees were heavily invested in CDs and quality bonds earning a safe 6% interest, paying their bills, and enjoying their golden years.
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The Consequences Of Ignoring Reality
Inflation has been skyrocketing and the government/media can no longer ignore it.
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Maintaining Control When The World Has Gone Crazy
Just when you think things can’t get crazier, they do.
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Latest Comments
Closed-End Bond Funds, Friend Or Foe?
3 years ago

Hi Alexis,

You ask a good question. I just realized something. I had a box in the article explaining a closed end fund and it did not get published.

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A closed-end bond fund has a manager who is paid a fee to oversee the investments.

Unlike a mutual fund that will redeem your shares, closed end funds trade like stocks. When you buy or sell, your broker facilitates a trade with another investor.

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A closed end fund has a fixed number of shares. It trades like a stock as the manager is buying and selling bonds all the time and determining the dividend payout.

Hope this helps,

Dennis Miller

In this article: PFFR, PFFA
Closed-End Bond Funds, Friend Or Foe?
3 years ago

Hi Susan,

Thank you for taking the time to write, we appreciate that.

Best regards,

Dennis

In this article: PFFR, PFFA
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