2min chapter

The Compound and Friends cover image

The Bogle Effect

The Compound and Friends

CHAPTER

Is It Possible That Money Is Coming Out of Bonds and Into Stocks?

Money comes out of bonds and goes into money market funds a little. All these funds own bonds that are just not worth as much as they were. Like last year, it's a portfolio that's already down versus newlya e,. The more rates go up, the more you can get more high yield. That's why, you know, in my first book, you said, how do you deal with rising rates? You're like, you did it the way your grandpapy did it. I forget you.

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