Want to create an interactive transcript for this episode?
Podcast: THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
Episode: 1/17/23: Which did More Damage to Your Portfolio Last Year, Bonds or Bitcoin?
Description: It's Tuesday, January 17th. Do you remember what I told you to do one year ago? Yeah, you don't remember. But I do. Because I was right. I told you one year ago to get out of bonds. I sure hope you did. The Federal Reserve, as you know, raised interest rates more quickly last year than at any time since the 1980s. And the result was that bonds ended up having their worst year ever. Yeah. 10 year Treasuries lost more money last year than in any year since 1788. Treasuries, in fact, not only lost a lot of money...