IMO it is useful to view duration in the context of the total portfolio. Equities are very high duration assets, especially growth oriented equity. Granted, it is hard to pinpoint a duration number for equity but I think there are proxies that might be useful.
Especially during our accumulation years our equity risk was very high. As a result, we oriented the remaining allocation to lower duration bonds to dampen the overall volatility.
Especially during our accumulation years our equity risk was very high. As a result, we oriented the remaining allocation to lower duration bonds to dampen the overall volatility.
Statistics: Posted by jebmke — Fri Jan 19, 2024 6:54 am — Replies 17 — Views 690