Re:University Endowment Sued for Under performing the S&P 500
by throw0101a on Wednesday August 19, 2020 @10:36PM
(#24219309)
> It happened during Coronavirus
I don't know about that:
> The Nasdaq 100 ETF (QQQ) is up an astonishing 25.5% this year during a pandemic and that’s including a 29% peak-to-trough drawdown. But the long-term treasury ETF (TLT) is up 27.3%.
I don't know about that:
> The Nasdaq 100 ETF (QQQ) is up an astonishing 25.5% this year during a pandemic and that’s including a 29% peak-to-trough drawdown. But the long-term treasury ETF (TLT) is up 27.3%.
* https://awealthofcommonsense.com/2020/08/why-would-anyone-ow...
Though the article goes on to say the primary reason for owns bonds are:
* Bonds hedge stock market volatility.
* Bonds can be used to rebalance.
* Bonds can be used for spending purposes.
* Bonds protect against deflation.
See also his 2018 Q4 article (when the S&P 500 was in the middle of its 20% correction):
* https://awealthofcommonsense.com/2018/10/the-case-for-bonds/