Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"For more than a year, earning high income has been as easy as rolling out of bed, with low-risk Treasury bills and money-market funds yielding at least 5%. Now, the Federal Reserve is expected to lower interest rates next month and yields are already shrinking. So investors need to be on their guard against the inevitable rise in come-ons that prey on people’s craving for high income."
