A new study shows that 92% of Americans don't understand fixed-income investing — the cornerstone of

A new study shows that 92% of Americans don't understand fixed-income investing — the cornerstone of retirement planning | Markets Insider

sadly i suspect there is a lot of truth in this article

( DYOR )

but i might point out to the fact that in the current low-rate sceanario , fixed interest investments leave you terribly exposed to inflation ( which could easily explode if we have a credit crunch )

 

92% of Americans don't understand anything...

 

i wouldn't go that far but they tend to believe anything ( they are told by an 'expert ' )

but have seen a similar trend in Austalia which is why i am largely under-exposed to this area prefering the higher risk REITs ( well higher risk in a sensible world ) for a higher reward ( and even a chance of a capital gain should i sell )

 

Funny , quite a lot of the experts over here have American accents and we're becoming more like them ie.dumb

 

dumb or indoctrinated ??

unpopular ( for being truthful and accurate ) is a very hard path to walk

if government policy is ..... try getting air time to tell your view , even Google is 'demonetizing contrarians ( or kicking them off entirely )

 

It's not worth telling the truth nowadays as the minorities seem to have the most political clout and our politicians pander to them, except for some independents

 

they need ( other people's ) money to get re-elected so no surprise about that