Before getting into bonds, this is a worthwhile read:http://www.sl-advisors.com/why-bonds-are-not-for-retail/"Many large asset managers and brokerage firms have an enormous stake in seeing retail investors continue to plow their savings into this return-less asset class." "the challenge is on for new and more creative ways to convince clients that they should maintain a significant allocation of their portfolios in fixed income, in the face of a Fed that intends to drive all the yield-based return out of bonds "
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