I am currently offered three ways to lose money:
- I can buy money market funds for an average of .07% return and lose principal due to inflation.
- I can buy bonds and lose money due to increases in interest rates.
- I can buy equities and lose money due to the recession that is forecasted because of Fed tightening.
As the song goes: you got to know when to walk away…know when to run. See you after the elections.