Consider The Source: Treasuries
In this episode of “Consider the Source,” Michael Wagner, Chief Operating Officer at Omnia Family Wealth, talks Treasuries and why they may be a good investment.
A few things you should know about Treasuries:
- They are backed by the full faith and credit of the United States government.
- Treasuries are considered a risk-free and safe investment.
- While they don’t traditionally pay out a lot of interest, they are paying more now than in the past.
- Short-term Treasuries (1-3 years) are less affected by rising interest rates.
In summary, Treasuries can be a great place to invest excess capital in a time of recession, while you wait until you are feeling comfortable to take on more risk.
As always, please do not hesitate to contact us with any questions. We are available via email or phone at (305) 602-9080.