Personal Finance

June 19, 2013 9:23 AM

What’s a retiree to do?

It is so tempting, in this low rate environment to respond by “chasing yield”, putting your money into investments that promise higher income. There are many investments available that offer income exceeding those available from CDs and money markets, what’s also certain is that there is no free lunch in the investment world. So while you may choose to allocate some of your funds to higher yielding investments, it’s wise to do so only within a strategy that recognizes the elements of risk and return.

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