Economic concerns occur when a new President of the United States is elected. No one really knows for sure what is going to happen in the future, but if you are looking for some investment advice, then the following article may help you make decisions on your retirement investments this year.
Investment moves based on likely events this year
by Elliot Raphaelson, The Savings Game, Chicago Tribune
January 24, 2017
“Many readers have written asking for advice about how to invest for consistent income in 2017 with minimal risk. As I have emphasized many times, it’s impossible to reap high returns on your investments, whether it’s in the form of income or equity appreciation, without assuming some risk.
That being said, it is possible to predict likely occurrences in 2017 and make investments taking these into account.
What is likely?
It is likely that the Federal Reserve will increase short-term interest rates a few times in 2017. Most experts following the Fed agree. If that is the case, then bond markets will be volatile, and some long-term investments such as long-term Treasury bonds will likely decrease in value, even if only in the short term.