“Someday financial markets will decline...rising stock/bond markets will no longer be government policy. QE will end and money won’t be free. Corporate failure will be permitted. The economy will turn. Someday, somewhere, somehow, investors will lose money and once again come to favor capital preservation over speculation. Someday, interest rates will be higher, bond prices lower, and the prospective return from owning fixed-income instruments will again be commensurate with risk.” Seth Klarman
Thursday, July 23, 2015
Just a little reminder about HOW SECURE your CASH in the BANK is?? (0.03%?)
Insurance is only as good as the actual historical
performance of the promise during economic storms (bail outs necessary?) plus
the strength of it's current balance sheet relative to future potential claims
in WORST CASE scenarios.
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