Bond Duration, Fed Rate, and Valuation Change
Longer duration 6.8 years resulted in a 12.7% loss of principal, significantly greater than the incremental gain due to interest earned (2%). A bad trade-off.
Tag: portfolio
Grand Pursuit by Sylvia Naser
Central banks did not originate the economic boom-or-bust cycle.
$100,000 in the Stock Market According to Monte Carlo
A Monte Carlo simulation shows that after 10 years, $100,000 in the stock market could be as little as $51,000 or as much as $500,000.
Exxon Profit Per Gallon
Exxon averages $0.85 profit per gallon! Almost one-third of the pump price.
Asset Allocation Books
"As we serve our own interests, the value of the world's economy increases." That sentence has constraints that are ignored.