Bonds – An “Investment” or “Speculation”
October 28, 2020 at 16:38 PM EDT
By Rob Brown, PhD, CFA, Julex Capital Advisory Board Member The 60/40 portfolio has been a staple for good reason—it has worked well over the long run. A large part of the efficacy of the 60/40 portfolio comes from bonds that offset equity losses in prolonged bear markets. Usually, interest rates...