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The Purpose of Fixed Income
Posted on June 28, 2012 at 15:52 PM EDT
Bill Bernstein is an asset allocation expert and the author of The Four Pillars of Investing. He happened to be at the current Morningstar Investment Conference and had an interview with Christine Benz, one of my favorite writers at Morningstar. She asked him about the purpose of fixed income in portfolios. I thought his answer [...]
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