Interestingly, I noticed that my PIMCO Bond funds purchased via Endowus have been declining recently. Rising interest rates on bonds seems to be due mainly to sell off by worldwide investors who are losing confidence hence US bond value has declined. Apparently, the ripples from Donald Trump's trade wars have sent US government bond prices down sharply last Wednesday, driving up yields in a paradoxical development as the global economy faces a recession. A key safe-haven asset, US Treasuries usually offer lower yields when investors seek shelter from volatility but has now been viewed as a risky asset class with a higher yield. What a strange twist this has turned out.
So do look out to ensure broad diversification in terms of asset class as well as geographically in one’s investment portfolio.
Gold bro. solid gold bullion. Ha.
ReplyDeleteAnd short term treasury(<1yr) etfs.
BN01 also doing well.
Hi Bro Damn, yup…..think gold the only asset that can retain value well. Very sianz that Donald Trump can just score own goal and at the same time also give every investor around the globe a kick.
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