"History is a wonderful thing, if only it was true"

Monday, August 09, 2010

Go with stocks

Bill Gross: Bonds Have Seen Their Best Days And Stocks Are The Better Investment:

"Bonds have done well over the last thirty years, and this has earned Pimco a lot of money since many investors now favor bond investments over stocks.

Yet, the next ten years could be much different, and Pimco doesn't want to be stuck in last decade's asset class."

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