1. It eats into savings and hurts those who live on fixed incomes. 2. It especially hits pensioners and those on fixed incomes who rely on the interest to meet their bills. 3. Lower yields on fixed income securities make equities more attractive than money Market instruments for many investors, analysts said. 4. Now ordinary people will pay the price, as inflation eats further into fixed incomes and economic growth stagnates. 5. Second, bonds, despite their fixed income status, lose value if inflation is expected to rise. 6. There were alarming reports that retired persons on fixed incomes were on the brink of being taxed out of their homes. 7. They do not receive a fixed income, but have board and lodgings free. 8. They pay a fixed income each year and promise to pay investors a set sum on a set date in the future. 9. This has pushed up housing costs and forced retirees with some capital but often on fixed incomes to seek out cheaper places. 10. Among other things, they had no fixed income, which was a definite stipulation, and were thus a definite threat to the older orders. |