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Bond Fund And ETF Types That Deserve Your Money Now
Geez, my 2014 wish is that writers apply an appropriate and full notation about dollar relationships and percentages when providing comparisons between such long date time frames.
Per Ted's previous, related post/link: "The redemptions, which were through Dec. 23, represented 2.3 percent of bond-fund assets, Brian Reid, chief economist at Washington-based Investment Company Institute, said today in a telephone interview. The previous annual record for redemptions from bond funds was in 1994, when investors pulled about $62 billion in the full year, or 10 percent of assets, as interest rates rose, according to ICI."
An investor reading some of these writes would not have a proper perspective, with only dollar values noted, and especially over an almost 20 year period.
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Per Ted's previous, related post/link: "The redemptions, which were through Dec. 23, represented 2.3 percent of bond-fund assets, Brian Reid, chief economist at Washington-based Investment Company Institute, said today in a telephone interview. The previous annual record for redemptions from bond funds was in 1994, when investors pulled about $62 billion in the full year, or 10 percent of assets, as interest rates rose, according to ICI."
An investor reading some of these writes would not have a proper perspective, with only dollar values noted, and especially over an almost 20 year period.
Oh, well....
Thanks for the link, Ted.
Catch