If stocks always produce better results, why own bonds at all?

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 46 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 186%
  • Publisher: 92%

Canadian News News

Canada News,Breaking News Video,Canadian Breaking News

Rebalancing your own portfolio periodically is the right move

Every study shows that stocks outperform all other types of investments over the long term – and by a large margin., Wharton Professor Jeremy Siegel writes: “Over long periods of time, the returns on equities not only surpassed those of all other financial assets but were far safer and more predictable than bond returns when inflation was taken into account.”

“The buy-and-hold, 100 per cent stock portfolio is a double-edged sword,” he says. “If you can stick with it through stomach-churning bear market losses, and have a long-term horizon during which the need to liquidate assets will not arise, then strapping yourself into the roller-coaster of an all-stock portfolio may indeed be the optimal solution. Conversely, it would be difficult to identify a worse alternative for those who do not meet these criteria.

As you can see, while stocks were taking a beating, bonds were producing profits in all cases but one . And even that loss was only about one-tenth of the decline in stocks. On average, stocks fell 34.2 per cent during these market crises. Bonds gained 10.9 per cent. You can do this by rebalancing your own portfolio periodically or you could add a position in a tactical asset allocation mutual fund or ETF to your holdings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Dow, S&P 500, Nasdaq jump as TSMC outlook prompts chip stock rallyA monthly report on retail sales could provide clues to whether the Fed will go for 'no cut' at its next meeting.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq leads stock declines while oil spikes on Iran attackUS stocks sold off on Tuesday after Iran fired over 100 ballistic missiles against Israel.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stock rally loses steam as S&P 500, Dow slip from recordsNow that the Fed has started cutting rates, the economy has taken to the fore for investors.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500 clinches fresh record amid GDP data, chip stock gainsA double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's comments.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Traders Need a New Stock Market Playbook for These Rate Cuts(Bloomberg) -- Wall Street traders have a unique challenge in placing bets on the stock market now that the Federal Reserve has started cutting interest...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »