Paul finds an article encouraging advisors to turn to alternative assets instead of bonds in their portfolios to boost performance. Listen along to hear a foundational mistake people make about bonds and why Nobel Prize-winning research does not support these claims about alternative assets. Later on the show, Paul explains how market prices might go up but market value might not.
The Media Is Telling Us That the Market Had a Rough Month, but Did It?
The DOW dropped 500 points in April. This also happened in 1987. The difference is that in 1987, this was a 22.6%