Quote from mister_doodi:
I hold a sizable bond portfolio. I'm much of an investor though but this produces majority of profits each year, producing of 50% returns. If you're in the know, bonds blow away any equities or futures trading while assuming greatly reduced risks.
yeah..tell this to GM or LEH holders..imo in current uncertainty they are no better than the rest... one decent blow can wipe your returns for a few years even if you have VERY diversified portfolio..i'm holding large portfolio of muni etf's. they did damn good this year. 15+% unrealized PnL of ETF's themselves + around 8% tax free dividends. but i'm not slipping any better holding it..