Take a look at the following chart*, which was published in a book I am reading called "Adaptive Markets" by Andrew Lo. Based on the performance you see here, if you were to invest your entire life savings into one of these investment vehicles today (at the end of each line), which one would you …
Month: February 2018
What’s Your Carry?
Most people are unfamiliar with the investing term "carry". Carry is simply the cost or benefit of owning an asset. Bonds have a "positive carry" since they give you periodic coupon payments. All things being equal, bonds pay you to own them. An asset like crude oil may have a negative carry if you include …
