Famed Portfolio Manager: “I Don’t Like Stocks; I Don’t Like Bonds”
Everyone knows you invest in stocks and bonds so each balances the other. But legendary portfolio manager Bill Gross now says skip both and go for the gold.
Everyone knows you invest in stocks and bonds so each balances the other. But legendary portfolio manager Bill Gross now says skip both and go for the gold.
The stock and bond markets are virtually synonymous with American prosperity. But when things spin out of control do know what your options are?
Anyone who sees the news then looks at their portfolio has got to feel anxious. What separates the quick and the dead is what they do next.
Gold enthusiasts had a frustrating few years trying to explain the enduring value of their favorite asset. But with Brexit, China and downward-trending dollar, the time for gold explanations is past.
It's the oldest, most time-tested retirement strategy there is: Invest in a mix of stocks and bonds, then gradually decrease your stocks and increase bonds as you get older to ensure a secure financial outcome. Problem is, it no longer works.
When you were a kid there was time for getting caught up in the moment, taking a fall and learning, sometimes bitterly, from your mistakes. But if you're forty or over you can't afford the mistake you're about to make.
What's the real meaning of the word conservative? When it comes to investing, conservative used to mean bonds. But in our new economy bonds are riskier than you're being told.