Although bonds have become popular the past two years, Paragon's wealth managers advise investors not to put their money into long-term bonds because Paragon believes investors could be hurt significantly if rates increase.
“Going forward, the returns that people will likely see in bonds will be very low at best or sharply negative at worst,” said White. “Unfortunately for bond investors, we believe it could be the negative scenario.” Paragon’s wealth managers advise investors to be aware of the maturities and quality of their bond holdings. The encourage investors to consider shortening the maturity of their bonds and adding high-quality dividend stocks as an alternative.
Source: PRweb.com
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Paragon Wealth Management Advises Against Long-Term Bonds
Posted by D4L | Monday, November 15, 2010 | ArticleLinks | 0 comments »________________________________________________________________
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