Why Adding Bonds to Your Portfolio Can’t Wait

By Kristin Orman A Note from Bond Strategist Steve McDonald: I’m tired of pounding the table…
Last September, I told you to quit stocks and shift into bonds. I said the stock market would sell off – and boy, I hope you listened. Just take a look at what happened.

A couple of weeks later, the fourth quarter began and stocks tanked, sending the S&P 500 down 14% and the tech-heavy Nasdaq down 17% for the quarter.
If you had pulled money from stocks at the end of last summer – not all of it, just some, as I advised – and put it into bonds, …read more

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