- 22 3.08 3.73
88 replies (most recent on top)
Those with “investment knowledge would not opt for a lump sum”.... LMAO! Someone hands me 1.5 MM after my EOI, at the very bottom of a major market drop, a once in a life time investment opportunity, and I say “no thanks, you keep it, and pay it out to me very slowly instead. The annuity troll never quits!
I think that most people with any sense and investment knowledge would not opt for a lump sum. That would be a fools choice. Youngsters new in the game with no financial savvy tend to think like that and see everything as cold cash that they need to spend and take the money & run so I get your point, and it is well intended.
Well lot of folks will lose their jobs in this downturn so lump sums which depend on these rates make a difference
Well whoop de friggin do, who gives a flip, aren't you more concerned about even having a job at all?
Reason is because there was panic selling of corporate bonds due to market sell off and concerns on liquidity and yields went sky high. Yields spiked from 2.36 on 6 Mar to 4.1 % on 20 Mar Since Fed has infused liquidity the yields have come back down to 2.23 on 14 April.
So segment rates will come down for April and hopefully further down in May.
See link here
https://fred.stlouisfed.org/series/DAAA#0
That is strange 10 year and 30 year treasury rates went down but segment rates went up. Don’t understand the logic
IRS site
https://www.irs.gov/pub/irs-drop/n-20-27.pdf
Where did you see it?