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September 18, 2015
The Wall Street Journal: If Investors Bail, Will Your Bond Fund Flail?
It can easily cost 3% or more to sell less-liquid junk bonds–far more than the trading costs on high-quality corporate or government bonds.
Who thinks the typical "chasing yield" retail investor has a firm grasp of all the risks associated with owning non-investment grade bonds?
This is the End and a New Beginning
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I've been thinking about this for some time.
After 21 years of writing this blog almost daily, I've decided to stop
writing the daily updates on the blog.
...
2 weeks ago
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