Bonds Look Like Sure Losers With Rates This Low |
June 04, 2013 | June 2013 Bond Updates |
The biggest factor affecting future rates-of-return on any investment is the price you pay for it. Buy good assets at a reasonable price or cheaper and you?re bound to do well if you hold it long enough, so long as a paradigm-shift, a change in the way the world works doesn?t destroy the asset?s value. This can include expropriation of private property by a previously business-friendly government, or the failure to adapt to change by individual companies or industries. |
View more at: http://www.forbes.com/sites/greatspeculations/2013/05/31/bonds-look-like-sure-losers-with-rates-this-low/ |