Buy Bonds
In the interest of alliteration, I bought a buttload of bonds earlier today, and I intend to hang on to them. Bonds have had an amazing year, and I have long held that interest rates are heading much lower. Added to which, if bonds can have a good day even on a day when equities are relatively strong, think what they will do if the fabled days arrive that stocks actually poo all over themselves.
A big beneficiary to all this bullishness has been real estate. I’ve pointed out DRN before, which is the triple-bullish real estate ETF. Its success makes the housing bubble of 2005 look like child’s play.
This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...
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