Fixed income has negative returns now: Why investing in bank FDs is a loser’s game

Buy, borrow, die. It’s a strange way to describe a way of handling money. You’d have read about it if you have any interest in how rich people in the west manage their money. Of course, I doubt whether any such people read this column but the logic that drives the buy-borrow-die phenomena can affect your lives too so let’s take a look at what this is. In the past, rich people used to invest in stocks or fixed-income securities. The main goal of