Investors Have Done Very Well in the Last Decade, but Current Income is Harder to Obtain
Low interest rates and solid economic growth have produced excellent returns for investors, and brought the prices of many securities to record-highs. The question now is what should investors do next. This is of particular concern to those seeking high current income. For retail investors, certificates of deposit, once a good way to obtain reasonable current income without risk, now have extremely meager yields. Table I below shows the largest retail banks and their certificates of deposit rates for