Boubou

Some Graham and Dodd Type Thoughts on Stocks vs. Bonds

I like this article and tend to believe it. My investment era stretches from the year 2000 to my retirement just lately. During that time no equity situation managed by the gods of fund management did any good. The same applies if you take a 2 decade view also. If you add in inflation and currency losses it was more than a disaster.
Fortunately I decided to sell all the funds and buy my own dividend stocks and and more than my share of bonds and preferreds.
So I no longer have to watch hotshots spending all my profits on futile acquisitions ,giant bonuses, and fees, and I can pay the bills.

5 ETFs That Appear in the Bargain Bin

I can't believe anyone still buys managed funds.
They have been systematically debunked for at least 10 years now, and etfs let you out of outrageous fund fees plus the multiple trading fees if ou have your own spread portfolio.

Corporate Bonds Haven’t Been This Cheap Since 1932

'People are idiots' but on the other hand full-time lifelong gurus generally do no better than 50% right also. Same goes for mutual funds, pension funds etc, and all these guys we can assume can read the books.
Face it, its random, and all the rest is window dressing for an industry that want some of your money.


On Dec 16 08:18 AM Equity Has No Clue wrote:

> People are idiots.
>
> They trade stocks but do not understand how to analyze across a company's
> capital structure and where the most attractive investment is from
> a risk/reward standpoint.
>
> They look at a chart. That's about it.