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ddberg (95.16) Submitted: 6/14/07 3:18 PM : Start Price: $103.37 LQD Score: -12.82
In the long-run, history suggests that bonds (here, long-term, investment grade bonds) will underperform stocks (in this case, S&P 500). So this is a no-brainer in CAPS as a long-term pick.
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UPEH (93.78) Submitted: 11/09/07 11:05 PM
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In the long run, the sun goes supernova and stocks all go to zero....Drastic, but illistrates a point about timeframe. So, how's this no-brainer pick working for you?
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ddberg (95.16) Submitted: 11/12/07 11:54 AM
I think you might be thinking a little longer-term than me. It's been a bad short-term pick due to all the volatility in the equity markets. But for the specified 5-year timeframe, it's still a high-probability bet. Besides, I have a feeling bonds go to zero that day, too, so at worst the bet is a wash.