Gundlach said Treasuries, whose major holders include foreign investors, will be in high demand as the U.S. economy will "soften subtantially" with no monetary stimulus in the pipeline.
Nearly my entire nest egg sits in TIPS and I-Bonds.The debt downgrade certainly didn't make me want to sell.Like most addictions, you can't fix a debt problem if you can't admit to a debt problem.What Are the Stages of Addiction Recovery?Stage 1-Awareness and Early Acknowledgement* This stage is marked by an awareness of the addiction and that action is needed to address the issues. This process involves a shifting of perspective from outright denial to a willingness to address the issue.
You should put it all in treasuries calls!
I'm content just owning them until maturity.I've said this before, but if I am a fool for owning them then at least I won't require a greater fool. ;)
Why would you want to bet against the existence of greater fools?!
I am not betting against greater fools. I am simply not relying on them. Big difference!
Nearly my entire nest egg sits in TIPS and I-Bonds.
ReplyDeleteThe debt downgrade certainly didn't make me want to sell.
Like most addictions, you can't fix a debt problem if you can't admit to a debt problem.
What Are the Stages of Addiction Recovery?
Stage 1-Awareness and Early Acknowledgement
* This stage is marked by an awareness of the addiction and that action is needed to address the issues. This process involves a shifting of perspective from outright denial to a willingness to address the issue.
You should put it all in treasuries calls!
ReplyDeleteI'm content just owning them until maturity.
ReplyDeleteI've said this before, but if I am a fool for owning them then at least I won't require a greater fool. ;)
Why would you want to bet against the existence of greater fools?!
ReplyDeleteI am not betting against greater fools. I am simply not relying on them. Big difference!
ReplyDelete