Why do we own bonds? I understand the nostalgia. After all, bonds have been part of portfolios ever since, well, there have been portfolios. They have always represented the consummate balancing asset; bonds make those risky stocks tolerable and allow a restful night’s sleep. But, just like Linus and his blankie, it’s tough to let go of such a comforting friend.
Nov
16
2021
Bonds Are BAD!
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