The fact that bonds are less attractive on a yield basis today should not detract from their ability to protect capital better than equities in a downturn.

The fact that bonds are less attractive on a yield basis today should not detract from their ability to protect capital better than equities in a downturn.
Warren Buffett predicted the Dow Jones Industrial Average (DJIA) will reach 1 million within a hundred years. It’s not so far fetched if you do the math.
With historically low interest rates, investors looking for anything more than low single digit returns are forced into equity markets.
As long-term investors, time is a tremendous asset. It can compound returns, smooth out market cycles, temper emotion and reward a disciplined approach.
In an environment where investors’ thirst for yield is insatiable, it is not surprising that capital has been flowing into emerging markets, but at what risk?
It has been eight years since the bottom of the last major bear market and economic recession. This marks the second longest bull market in Wall Street history.