"The thing that worries me most is this idea that we're so afraid of what happens to bonds, if rates rise, that we go into stocks. Running from something where you can lose 5% to something where you can lose 45% is not a good risk management strategy."
Michael Kitces, Director of Planning Research, Pinnacle Advisory Group. |
Top Takeaways From the Morningstar Investment Conference
Editorial Staff | OnWallStreet, June 2014
Read the article online >Summary: Nearly 2,000 advisors, exhibitors, and asset management industry leaders headed to Chicago for the annual Morningstar Investment Conference, one of the largest in the investment world. Attendees reveal some of the major takeaways for advisors - from a global outlook on bonds to where to find opportunities in the bond markets, as well as views from Franklin Templeton’s Michael Hasenstab and international investing tips from David Herro of The Oakmark Funds.