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Archive of entries posted on 22nd April 2016

Investment conclusions from a two-day trip south

Your allocation determines your investment success. They wrote books on this idea. They were right. Then. So much bonds. So much equities. Change your allocation as you grow older. You need more income. Hence more bonds. But allocation no longer works. Bonds no longer provide old people (like me) income. Stocks have run a six-year […]