These pundits don't make sense to me"The yield on the 10-year U.S. Treasury bond (bond prices and yields move inversely) rose to nearly 1.5 per cent on Wednesday, up from about 0.9 per cent at the start of the year. That’s a big jump from recent ultralow levels, and it makes dividend yields on stocks look less attractive by comparison."
Why would I want to tie up my money in a Tbill for TEN years at a measly 1.5% which won't even cover c.o.l when I am getting 4.1% from FTS and sure to to increase in future years.
While Tbills are supposed to be "safe" your capital is guaranteed ONLY if you hold it to maturity.
Can't remember how long ago I bought FTS but it was then $28 and with a DRIP all these years has served me well.
No thanks to "safe' instruments. Unless it is a GIC @ 19.75% that I once held in the early eightees.
Cheers.