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Sunday, November 13, 2011
Just happened to notice this poster in the local Edward Jones office. It does not mean much to me, I am not going to make any decisions about buying or selling bonds. I leave that to my financial adviser / broker. Yes, I know, there is an inherent conflict of interest in asking one person to do both jobs, but at least he is paying a more attention to what is happening in the markets. I look at my balance occasionally. Lately it's been going down, more than even college expenses can account for. If I only had a job, but that would require enthusiasm, something that is really hard to generate for the kinds of BS jobs that are out there.
It is a little worrisome that the lowest interest rates are below one percent. It is somewhat reassuring that none of the interest rates are even close to reaching to ten percent.