A one half percent rise in interest rates will reduce total returns by 2.5% (2% yield - 2.5% capital loss = a loss for the year). The only way the F fund can beat a 2% total return during the next year is for interest rates to continue to decline below the 2% level for the 5-7 year duration securities it holds.
16. Grumpy Cat has totally changed her owners' lives. Iâve been waitressing for 10 years, barely making ends meet, Tabatha says. Now I get to travel with the cat, and Iâm homeschooling Crystal, so we get to spend more time together.
Since the meerkatsâ arrival, the website has grown by over 700 per cent and owner Douw Steyn has more than doubled his wealth to over Â£420 million. The advertâs irritating catchphrase âSimplesâ was even included in the Collins English Dictionary in 2010.