Grasping for safe investments because of prevailing low interest returns can make for a mess if you’re not careful.
And that includes taking advice from much of the financial media. It results in unwise speculation, and unwise use of expensive advisers. I have gone over this repeatedly in past blogs.
All the while, many investors keep overlooking what actually prove to be safer, lower-grade, corporate bonds.
Overlooked because of ignorance of the subject and duration principles. Safer even after you consider potential corporate bond defaults. (See the Earl J Weinreb NewsHole® comments.)
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