How to invest in a democracy
In her remarks in Westport, however, Ms. Raskin played down the effects of low rates on investors. She said that less than 7 percent of household assets were held directly in certificates of deposit, savings bonds and the like. “Instead, the bulk of household wealth is held in stocks, retirement accounts, business equity and real estate,” she said. “For these other types of assets, rates of return depend primarily on the strength of the economy and how fast the economy is growing. Thus, these returns should be supported, over time, by the accommodative monetary policy that we have in place.”
Watch where the majority of the voters are investing.
