Well, CCOI is behaving about like I thought it might. Not all risks are equal.
I was talking with a golf buddy at lunch yesterday and he was talking about how his investment account is actually up in value from where he started, even though he's drawing income from it. So I asked him what he's invested in......not a clue. This is the kind of answers that make me nervous.....people have no idea what they are buying or why. This is a major sign of a bull market reaching a peak.....well that and a person who doesn't recognize that inflation has cost him far more than a drop in value.
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