BACKThe investment advisor representatives at Passive Capital Management, LLC do not like to make things unnecessarily complex. When evaluating various fixed income alternatives, we believe that high-quality, short-duration, liquid bonds are the best tools to use for a variety of reasons. We believe that bonds should be used to preserve capital and dampen the overall volatility of a portfolio, not to assume additional credit risk in an effort to “chase yield.”
All Bonds Are Not Created Equal
Author:
Scott D. Reinhardt, CFA®
Published on: March 27, 2020