Via: Politically Incorrect Daily
Be Sure to Invest in “Safe” Investments Like Bonds 👌
When yields go up on bonds, prices go down.
In other words, you can lose money even if the lender doesn’t default.
So-called risk-free treasury investments have plummeted in value through the recent explosion of inflation & interest rates. Nearly every financial advisor will recommend you put a portion of money in bonds and some in stocks, with the percent of bonds increasing as you near retirement due to their safety and stability.
Well, if you had invested at the start of the Biden presidency in a Total Bond Market fund, common in 401k plans and “target date” retirement funds, you would be down 15-20 percent to date.
It takes real talent to make every investment asset class risky, but the Biden Administration has managed to do it. 👏👏👏