Coronavirus (COVID-19) Crisis: Receding Financial Markets Have Exposed Many Portfolio Allocations as Inappropriate and Unsuitable (especially where high-yield investments such as high-yield bonds, junk bonds, real estate investment trusts (REITs), and master limited partnerships (MLPs) were recommended to seniors and retirees) Famed investor Warren Buffett once stated, “It’s only when the tide goes out that […]
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