As Danielle said, "The world is a messy place during the best of times." And these certainly aren't the best of times. So you need to minimize your risk, even if that means accepting a lower yield. Witness the slaughter that just took place in the high yield (junk) bond market. Return of investment is now far more important than return on investment, that's just the way it works after a credit bust. 

Direct download: Danielle_Park_12.Aug.14.mp3
Category:general -- posted at: 4:09pm EDT
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