Quote:
Originally Posted by finnbow
Your capital is always subject to loss when investing in bonds, whether corporate or municipal. When interest rates go up, the value of your bonds goes down (and vice versa). AFAIK, Franklin Templeton isn't capable of manipulating interest rates.  |
AFAIK they were not very capablke at anything, it was an investment recommended by our former financial guru. Regardless what we have now is quite secure and hopefully Ms. Yellen will stop this silly 0 % interest as the only people that is helping are the banks, sure as hell not doing diddly for the average Joe.