The
financial media covets financial advisers with its imprimatur, as a
veritable storehouse of valuable knowledge. The media invariably puts forth commentaries on advisor suggestions as the best
advice available.
Somehow,
the media manage to find these pundits from over 100,000 who ply the
trade in the U.S. alone.(I don’t want to get into the subject of
how these advisers manage to get selected for media quotes.)
But there isn’t advice
from these sources that cannot be often questioned, especially when
it comes to bonds, The quoted financial expert invariably never fully
discusses the principles of duration when it comes to these
investments. (See the Earl J. Weinreb
NewsHole® comments and @BusinessNewshole tweets.)
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