Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
https://mises.org/library/price-time
As I argue in the book, the finance sector is too large. Obviously it serves a function, but traditionally in the US, I think it ran 3 percent of GDP or below, probably the same in the UK, and in both of those countries, the financial sector is now more than three times that level. And as the finance sector rises, I think it becomes a bit of an incubus on the rest of society. It ceases to provide a benign function. Or better, it does continue to provide a benign function, but there are malignant effects from a bloated financial system. T
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Worried About a Stock Market Crash? Here’s What You Should Be Worried About Instead. - Barron's https://share.google/zxmc1t7eE4TLrdHPh
Read this article from Barron's
https://www.morningstar.com/portfolios/when-it-comes-bonds-dont-be-hero
Interesting article on bond allocation, short term needs for retirement are better to be in a money market account up to two years of spending and up to ten years in a high quality active bond fund. Also active bonds have outperformed index bond funds by one percent
