If you’re worried about your bond portfolio, you’re missing the point
The author argues that investors concerned about bond market volatility may have misguided expectations regarding the role of fixed-income assets in a portfolio.
A friend who’s close to retirement texted that she was concerned about the bond market. She’d been building out that fixed-income allocation over the past several years at the urging of her adviser. Her message made me wonder if some people might have misguided ideas about bonds. Volatility is much lower than for stocks For...
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