Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.
March 15, 2010
Earlier this week, Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., said the almost three-decade bond market rally may be drawing to a close. This might have a lot of investors worried considering they have poured $89 billion into bond funds so far this year! Is this the end of the bull market...