Mid-Year Market Review: Time To Get Off The Bull?
Many Happy Returns
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The 6040 Portfolio Is Dead
Is the 6040 portfolio dead? The idea, especially in the US, was that you would buy a broad portfolio of US treasuries. Now we find ourselves in an environment where interest rates are increasing or have increased by the most ever over the course of one year. And bonds are basically bleeding, because people are looking at losses of around 30%. Depends on the duration of the fund you bought.
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