FYI: In the financial literature it is the general belief that over the long haul equities have outperformed fixed income securities and cash. That’s the main premise behind most asset allocation models. We are taught that diversifying our assets among and within equities, fixed income investments, real assets, and cash will be a benefit to us in the long run and help soften the blow of a decline in any one investment. Given the general practice of over-allocating to equities, it may be surprising to know that over the last 15 years bond funds have outpaced their equity fund counterparts, with comparatively little volatility.
Regards,
Ted
http://lipperalpha.financial.thomsonreuters.com/2016/03/is-it-time-to-bail-on-bonds/
