I went out of stocks last year and into corporate and Muni bonds. Started reading up on the corporate bond market and realized, like most of the economy, it was leveraged to the hilt. Went to cash.
Had an in-law ask about wether or not she ought to go out last week. Told her yes, at least by half and mentioned I was completely out. She called her ‘investment counselor’ who gave her the talk. Markets always do well over the long term, best investment in a diversified asset allocation, etc, etc.
She stayed in and she’s 78. Seems like criminal advice but then lots of things seem criminal but aren’t.
Last edited by chunkstyle; 03/17/20 04:02 AM.
