Author: Shah Gilani, Total Wealth

If you’re thinking when you retire you can live off some kind of fixed income portfolio, forget about it. That’s a myth now. If you’ve got a 5- to 10-year investment horizon — and longer would be better — you’re infinitely better off buying the stock market and collecting interest on stocks.

The time will come. But probably not for a couple of weeks or more likely, months.

Here’s what the Fed’s doing, what it’s going to do, why it won’t work, how you’ll know it’s not working, and how they’re going to make everything worse.