"If you want to eat well, buy stocks; if you want to sleep well, buy bonds."
Who would disagree with this stock market saying from the well-known investor guru André Kostolany? When stocks were weak, bonds were able to hedge the portfolio – but when stocks performed well, bonds were less in demand.
This year, however, was quite different: Bonds depreciated sharply in some cases due to the interest rate hikes by the central banks and were thus unable to protect the overall portfolio against sharper price declines – in contrast to the usual situation.
In this newsletter, we explain why bonds don't always work, why they still make sense, and how short-term pain turns into long-term gain.
Plus: The 9 best moves that will make you a better investor and the best global Dividend ETFs.
Have fun reading and happy investing in ETFS!
Your justETF team
