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Old 06-28-2017, 03:17 AM  
Paul Markham
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by directfiesta View Post
The low interest rates are having huge negative effect on the income of pensionners .

I invested 600K in real estate, because my return is about 12% ( not necessarely cash tough - paying capital )

If I left that money in secure investment , I would get about 8000.00 a year return ... hardly enough to live on.

10 years ago, that same 600K would bring back 40 to 45K yearly ....

So situation under Obama did get worse ( nothing related to him ) and now will gett way worse as the safdety net is removed by Trump .

PS: you will be old one day ....
So invest in land or gold, etc. There are many pension schemes that allow a broad range of investments.
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