|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Investing/Strategies / Bonds & Fixed Income Investments |
||
|
URL:
https://boards.fool.com/breaking-news-29555757.aspx
|
||
| Subject: Breaking News | Date: 9/21/2011 3:05 PM | |
| Author: charliebonds | Number: 33342 of 36935 | |
|
In a much-anticipated, widely-applauded policy decision, the Fed announced today that it is shifting its buying from the near end of the yield-curve toward the middle, a move that will hugely benefit bond-investors by increasing the market worth of their holdings. Thank you, Ben. I never wanted to be “middle-class”, and now I don’t have to be. Your policies during your reign have pushed me out of the 60% of Americans whose incomes are falling and into the 40% group whose incomes are rising. While not yet part of the class called the “rich”, my annual income has doubled since 2000, as compared with the 7% decline experienced by the “middle class” (from 2000 to 2010). Median Household Incomes 1990, $48,423 2000, $53,164 2010, $49,445 The 2010 figure is 7% decline compared to 2000, but a 2% overall gain compared with 1990, though just a 0.10% annualized gain when a 20-year look-back is used. But, hey, that’s still a move in the right direction. So be content, all you median incomers. Things could be worse for you. ----------------------------------------- http://money.cnn.com/galleries/2011/news/economy/1109/galler... |
||
| Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||