You may recall the death of balanced investing. It was all over the place as interest rates were reset to a more palatable level. Did Your Survival Guy recommend selling out? Of course not. The balanced approach never goes out of style for me, a patient, well-tempered investor.
Let’s not forget how far we’ve come with interest rates.
And let’s not forget how much debt we’re looking at now as a country.
Even if stocks continue their climb, isn’t it reasonable to believe this can’t go on forever? Which leads to the question: Survival Guy what do we do? It’s hard to just stand there and do nothing, especially when the you-know-what hits the fan. Why not plan beforehand?
That’s why I like bonds as an anchor regardless of historical prices. Instead, I look to—and am comforted by—the reality that bonds get paid before common shareholders.
Action Line: Bonds haven’t looked this good in a long time. Let’s talk.
Originally posted on Your Survival Guy.
