Not exact matches
«In stark contrast, under Mayor Lovely Warren's leadership our city has seen an unprecedented period of growth and progress with construction and investment, not
only throughout downtown and our center city, but more importantly throughout our neighborhoods as well... Mayor Warren's careful fiscal stewardship has resulted in two
bond rating upgrades for the City, she has brought hundreds of millions of dollars in investment by the state and federal governments along with progressive
policies always focused on bringing more jobs, safer more vibrant neighborhoods and better educational opportunities to every resident of Rochester.»
If that turns out to be true, we believe stock and
bond markets are more likely to experience volatility and «turning points» as these markets adjust to new
policy imperatives, in which case, more active strategies that employ dynamic approaches to changing market conditions will have the potential to outperform passive, long -
only investment strategies.
Bill «The
Bond King» Gross, founder of PIMCO says that the long run of stocks outperforming the overall economy is done and that the
only policy option left for the «advanced» economies in the world is inflating their way out of debt.
But with interest rates driven to dramatic lows by Federal Reserve
policy, it's
only a matter of time until the pendulum reverses course and
bond investors will be forced to deal with a new landscape of rising interest rates.
Many bright investors (usually not professional
bond investors) have taken up the «interest rates can
only go up» view because of the loose monetary
policy that we have experienced, and thanks to Milton Friedman, we know that «Inflation is always and everywhere a monetary phenomenon,» or something like that.
The crucial point here is that using a permanent insurance
policy as a tax shelter makes sense
only when your RRSPs and TFSAs are maxed out, you have a significant amount invested in
bonds or other fully taxable investments, and you are virtually certain you won't need the money in your lifetime.
This
bond is
only valid if its terms state that the surety company will pay out for any bodily injuries and property damages you cause in an accident up to the same limits as a minimum
policy (25/50/25).
Given this potentially appealing «
bond alternative» many clients should not
only keep an existing permanent
policy — despite no need for the death benefit — but even consider making ongoing premiums, paying down loan balances, or even increasing contributions to maintain the
policy in force for life!