The financial media depicts financial advisers with its imprimatur, as storehouses of all valuable knowledge. The media invariably deems to put forth commentaries on advisor suggestions as the best advice available.
Somehow, the media manage to find these pundits from the the 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 quotes in the media.)
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 at Twitter.)
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