Discussing Fixed Income, Bonds, and Opportunity in 2023
January 10, 2023
Welcome to Wealth Enhancement & Preservation’s Market Minute, where we get to update you on everything that happened in the financial markets this week. My name is Darrin Cohen, and I am the CEO of Wealth E&P.
Welcome to 2023! We entered the year excited, but also cautiously optimistic and inquisitive, about things like the political environment, a recessionary potential environment, interest rates, volatility, inflation, and more. Today, I want to focus on interest rates and an environment that we have not seen in an extremely long time. The Federal Funds Rate is well above any point it's been in the last decade; it currently stands at 4.33%.
You've heard us for the last eight to ten years say: “We're not looking at bonds, we're not investing in them, and we wouldn't recommend investing them.” However, for the first time, we can talk about bonds and fixed income in general again. Right now we're getting over 4% on treasuries, money market, and structured notes from banks. There is a lot of opportunity that we can bring back into the conversation that we have not had for years. If you have any questions about your fixed income portfolio or how to get back into fixed income, we’d love to talk to you about it.
If you have any questions about this topic, your portfolio, the economy, or if you want a risk profile or a retirement projection, please feel free to reach out, visit www.wealthep.com, or give us a call at (678)-739-0175. Otherwise, stay tuned for our Market Minute next week!
At Wealth Enhancement & Preservation, we are here to serve as your financial advisor and source of support in the Alpharetta, GA, Cartersville, GA, and Charleston, SC areas. Our advisors are dedicated to simplifying the complexities of the financial world and as your advocate, we strive to learn about your most valued goals and dreams. From individual investors to entrepreneurs, our services are designed for your success.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.