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Daily Archives: October 22, 2017

The rules haven’t been without criticism.

If interest rates rise, the capital value can temporarily fall. If it looks like the global globe is certainly heading to hell in a handbasket, like it do in 2008, a short-term fund’s worth won’t budge very much, but a high-yield fund can eliminate 20 percent before taking back a yr or so later. Compared with a guaranteed reduction of 3 to 5 percent in money, a little fluctuation can appear like a fair cost to pay out.

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