Last year, when stocks lost money, bonds were up. It’s the magic of counterbalancing.
As you can see in the chart below. In 14 of the 15 years that the S&P 500 has been down since 1950, intermediate term government bonds advanced. That’s a .933 batting average. And in the only exception year, in the 60s, the bonds were down a scant 0.74%.
Originally posted on Your Survival Guy.
Latest posts by E.J. Smith (see all)
- What the Presidential Election Cycle Tells Us about Stocks - July 23, 2019
- Your Retirement Life: Escaping the Heat Wave - July 22, 2019
- Are You Fully Invested? - July 19, 2019