Adding Treasury bills, notes, and bonds and other fixed-income
securities—a completely different asset class—gives you an even
better chance of having one part of the portfolio going up while
another part is falling or just creeping higher.
When the S&P 500’s total return fell 11.9 percent in 2001,
the return from the Lehman Brothers U.S. Aggregate Index, including
Treasury securities, investment-grade corporate bonds,
and mortgages, was 8.4 percent.
securities—a completely different asset class—gives you an even
better chance of having one part of the portfolio going up while
another part is falling or just creeping higher.
When the S&P 500’s total return fell 11.9 percent in 2001,
the return from the Lehman Brothers U.S. Aggregate Index, including
Treasury securities, investment-grade corporate bonds,
and mortgages, was 8.4 percent.
No comments:
Post a Comment