How Much Risk Are You Taking When You Reach For Yield?
Posted by Victor Adair, victoradair.ca
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When Mike Campbell asks me, “What’s the biggest mistake investors are making,” my answer is, “Reaching for yield.” People started reaching for yield when returns from relatively risk free investments like government bonds and GICs tumbled because central banks kept cutting interest rates. Interest rates are now the lowest they’ve been in hundreds of years. […]