3min chapter

The Alchemy of Money cover image

Nick Maggiulli: Just Keep Buying

The Alchemy of Money

CHAPTER

Investing in the Market

i think the counter to that as maybe should be buying assets that don't seem as overvalued. I like, iven i say, what's the good income producing asset on i say, bonds. With yields as low as they are, ant inflation as high as it is, obviously, that's wealth destroying. But at the same time, we're not going to just have a 70 % bond portfolio,. unless you just have so much wealth where it doesn't matter and you can easily take that hit. And yields for five years are too low; Solikon will go back if tenure hits five%. We're still at cape of 36, than yet, but you can start to

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