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Seeking income in a low interest world

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Moore, Byron 2016.jpg

Question: I’m in my late 80s and am very concerned about my investment income.
The stock market seems very risky and my bonds are all getting called. I can’t earn any interest anywhere.

What do I do for income?

Also, I’m worried about nursing home costs, if that happens. Can you suggest anything?

Answer: The low interest rates engineered by the Fed to stimulate the economy have cost savers and fixed income investors mightily.

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