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Re: fung_derf post# 141

Thursday, 09/20/2018 11:44:59 AM

Thursday, September 20, 2018 11:44:59 AM

Post# of 194
Bonds can beat stocks for fairly long periods. People forget how useful MM funds were during the late 1970s when the prime rate soared to 21.5%. Stocks didn't rise then, and long term bonds were crashing. Money Market funds and short term bank deposits were about the best place to be for several years.

Also people forget that real estate and homes were very poor investments until the early '70s. I bought an apartment building for almost nothing around 1973 (yes I was very young) and made a killing later.

off to work...

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