An Example of Bonds Versus Stocks
Pimco, one of the world’s largest bond funds, set an unfortunate record in 2013. Its flagship fund saw the most outflows of any mutual fund ever in one year — a net outflow of $41 billion in 2013.
The Dow ended 2013 with a gain of 72.37 points, or 0.4%, at 16,576.66, setting a record-high close for the 52nd time in 2013 and contributing to a 26.5% annual gain, the largest since 1995.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment