Written by Stephen Ostrofsky, CFP® Most long-time investors can remember when interest rates were at a level which made bonds a viable asset class in portfolio allocations for most investment objectives and risk tolerances. As an asset class bonds provide portfolio stability as a reliable source of income and a hedge against stocks declines…
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Bond Duration: An Important Consideration Managing Bond Portfolio Risks
Most investors will admit that they have themselves, or know someone, that has refinanced their home mortgage in the last six years because interest rates were so low. The financial media has led average investors to believe that interest rates are so low that there is no other direction but higher. In the face of…
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