Re:Why in the world would you own bonds?
by sokoloff on Wednesday March 17, 2021 @08:48AM
(#26490326)
Mostly agree, but that logic breaks down when investments are not just liquid entries on a spreadsheet.
One example: I recommended real estate rentals through the 2008-2015 range to several friends despite having none myself. Why? Because it was possible for them to generate significant leverage otherwise unavailable to them and they were in a much better position than me to work the second job of being a landlord.
One example: I recommended real estate rentals through the 2008-2015 range to several friends despite having none myself. Why? Because it was possible for them to generate significant leverage otherwise unavailable to them and they were in a much better position than me to work the second job of being a landlord.