Smartest investors in the world would come on CNBC late in 2021 and say we are dumbfounded.
How interest rates are still so low with massive inflation.
They couldn't explain how that could be.
They were short bonds thinking that Yields could only go higher and they were right!
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So my friend got VERY bad advice.
1) The industry told him to invest $ that he needed.
2) They told him to put it in Bonds.
Did his "Advisor"ever think...
Oh the bond market is in a 40 year Bull Run.
Here comes Massive inflation.
Maybe being in Bonds is not safe anymore?
NO. twitter.com/MasterBJones/s…