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« How not to win an election | Main | Covering OWS »

Oct 31, 2011


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When interest rates go back up, and they will, bond values will do down.

Hard to know what is safe and dependable any more...

Billy Jones


Andrew Brod

Here's the sentence right before your quote:

"The rally in bonds is a once in a millennium event, but it's absolutely mathematically impossible for bonds to get any kind of returns like this going forward whereas stock returns can repeat themselves, and are likely to outperform."

In other words, it's not middle-aged people who have the most to regret about having invested in stock-heavy portfolios. It's more elderly people who need to cash out now.

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