Retirees Are Risking Their Life Savings On Junk Bonds

Yahoo Finance- July 27, 2016

Retirees and other investors are reaching farther and farther for yield. They’re piling into all sorts of increasingly risky investments. So, it should come as no surprise that credit spreads are shrinking between what in theory are risk-free investments and other investments.

If 10% “junk” makes you giggle or gasp,
Your financial “reach exceeds your grasp.”

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