Wall Street Journal Gets it WRONG! Plus Great Radio Drama with Bruce & Walt
Straight Talk Wealth Radio
English - April 10, 2011 04:00 - 50 minutes - 22.9 MB - ★★★ - 6 ratingsInvesting Business News investing harry dent money interest saving economy retire stock portfolio safe money Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Retirement in Crisis
WSJ reports that seniors' nest eggs across the country are being shattered by low interest rates the Fed Reserve has put in place since the financial crisis. They talk about the crisis on .24% (the 24/100ths!) at the bank but they totally fail to mention the 7-8% guarantees in the pension markets. These folks are confusing short-term vehicles with long-term purposes and that's why they are gong under!Plus, Bruce & Walt really clown it up to make a point.
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