In our troubled times, cash, life insurance and bonds provide an essential sense of security

Everyone is waiting on things, to return to normalcy. But Listen Up: There is no “normal”. We see a group of conditions and learn from our lives. Then conditions change, modify and even - more and more a game different. The new rules are not reserved in advance.

Until spring 2000, he was cool to talk on the preparation for a change. Investors called “stocks forever - indeed, the” technology-hand forever. ” Owning borrowings, finally, a little strange. And what happened in the past 12 months? Mutual funds investing in U.S. Treasury bills returned an average of 13.2 percent. Tax-free municipals returned 9.1 per cent. Investors, both in possession of bonds and equities were not nearly as concerned as ill, collapsed in stocks alone. If you collapsed in the shares of technology and had downwards, it could take years before you start with bond yields boring.

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