My investment has done well but I know interest rates can’t stay this low forever. But I can’t find anything else out there worth buying, and at least I’m earning interest while my money is parked in bonds.
As soon as I find something else worth buying, my money is out of bonds and into equities, precious metals, solar radiation futures, horse manure, whatever.
And so will everyone else’s money. And there goes the great fixed-income bubble of 2008-2010 🙂
