I received a question after my last post regarding bonds and just to clarify, I was referring to owning individual bonds. The person that asked the question, like many investors, has exposure to bonds in his portfolio via bond funds which can be a mutual fund, exchange traded fund (ETF) or closed-end fund, so I…
Bonds & Rates
A very important part of investing is recognizing when you’re wrong as quickly as possible to minimize losses. After watching Bernanke’s Q&A session yesterday after the close, I’m ready to admit I was wrong on interest rates. I’ve never seen someone stumble through questions like that before. It was almost hard to watch! It’s as…