[presidio9]

Here is that article you requested. I'm not sure if the link will work, as it is a subscriber site. This article was faxed around Wall Street quite a bit this week, as it does a good job of explaining duration's role as a in determining the effect on the price of a bond an interest rate move causes.

[presidio9]

ping

[AdamSelene235]

But this is nuts. The Standard & Poor's 500-stock index is off 48% from its record high. Isn't it a little late to be worrying about downside risk?

Nope.

There are no safe investments. Safety isn't a money-market fund with a 0.8% yield, where you are guaranteed to lose money after inflation and taxes. Safety isn't Treasury bonds, where you could get bludgeoned by rising interest rates. Safety isn't stocks, which could indeed be in for a long dry spell comparable to the grueling 1966-82 period. Instead, safety comes from owning all these investments. That way, you should do just fine in the years ahead, no matter what the market serves up.

Wrong again.

[KantianBurke]

SO WHAT THE HECK SHOULD WE DO WITH OUR MONEY IF STOCKS AND BONDS AREN'T SAFE??