“Ha, interest rates are a joke! You would have to be crazy to buy bonds today, rates can only go up from here,” said my client (we’ll call him Mr. Cash) in 1993 when I called him with a AAA rated 6% tax free bond. At the time, his money market was earning 3-4%, if I recall correctly. As far as I know, he is still mostly invested in cash and short term CDs to this day, waiting for rates to go up.
We're Open!
Monday 2/9/15 is a huge day for ATX Portfolio Advisors as we officially open our doors! Accountability is a core value of ATX and this weekly update will attempt to provide a quick snapshot of how we're doing. If you have input about the blog, please shoot me an email.
