With cash paying higher yields than most bonds, retirees have started to ask if they should get rid of bonds. Here's one such email: Since bond funds (BND) have done nothing the last ten years, what would be your thoughts on someone (retired) setting 3 years worth of living expenses aside (cash, CD’S, MM, etc.) and investing the remainder in equity index funds." In this video I'll explain why bonds are a better, long-term investment than cash, particularly for those in retirement. Join the newsletter: ———————————— Video Resources ———————————— BND: Best Savings Accounts: U.S. Gov't Bond Yields: Real Yields: ———————————— Investing Tools ———————————— My Book (Retire Before Mom and Dad): Personal Capital (Investment Tracking, retirement planning ): New Retirement (Retirement Planner): Stock Rover: M1 Finance $30 Bonus (IRA & Taxable Accounts): ———————————— Credit Cards & Banks ———————————— My Favorite Credit Cards: My Favorite Online Ban
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)