Interest rates have gone up over the course of the last several weeks on expectations that a new administration will implement stimulus programs that trigger inflation. As a result, many investors now wonder if they should sell their fixed-income assets in the face of rising inflation. Recently I spoke with a concerned investor who wondered if it was time to liquidate all bonds and head toward cash. "The media says I should not be in fixed income. Do you agree?" he said.
Here are some suggestions regarding allocating your fixed-income portfolio given current conditions.
— By Michael Yoshikami, founder and CEO of DestinationWealth Management
Posted 28 November 2016