The Fitch downgrade has created an opportunity! Unless you are buying what is currently down from the silly downgrade and less than exciting earnings, take a look elsewhere for yield.
Looking into what happens when US debt is downgraded, well, it actually causes the bonds to increase it’s yield so that it keeps people buying. The rates were slipping recently, given the strides done in the Stock Market, but this new opportunity allows them to rise once again.
If you are sad about the red in your account after having such a wonderful July, then look to the bond market!
Grab yourself a few of those sweet sweet high yielding bonds. Check maturity, and the interest, because you may be surprised to see that number close to those high APY savings accounts you’ve been seeing.
I’m sure no matter the brokerage account you have, that you can find Bond Funds. Or open up a US Treasury account and snag them directly from the government. No middle person needed!
Hang on, green days are on the horizon. I feel like this is a shake out, get rid of nervous retail investors, drive some prices down, and then, buy!
What are you buying today or this week?

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