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"With interest rates rising, Mr. McKinney believes bonds are a bad bet and has all of the couple’s portfolio—now worth $700,000, due to withdrawals—in stocks. H
by jebarker 4y ago
"With interest rates rising, Mr. McKinney believes bonds are a bad bet and has all of the couple’s portfolio—now worth $700,000, due to withdrawals—in stocks. He favors stocks with high dividends and trades ETFs that rise when the market falls."
Seems bold.
- voisin 4y agoProbably took losses on the bond portfolio when he saw rates rising. Should’ve just held steady.