2024-06-22 07:35:00 ET
Summary
- Fixed income exposure and a massive hike? Heck yes!
- Interest rates don't need to be an albatross around your portfolio.
- Fixed income is a fantastic opportunity-filled sector.
Co-authored by Treading Softly.
When you think of an albatross, do you think of something that brings bad luck – maybe a curse or psychological burden to bear, or do you think of something that brings good luck and fortune?
For decades, the albatross was viewed by mariners as a sign of good luck and fortune on their voyage. If you saw an albatross while you were at sea, this meant that there were good things to come for you. Yet, many of the perspectives on the albatrosses shifted heavily after a famous poem was written called The Rime of the Ancient Mariner. In this story, a mariner saw, shot, and killed an albatross and was forced by the rest of the crew to wear it around his neck as a sign of his poor decision-making. As the story goes on, the entire crew ship dies, except for him, who lives on to tell the tale....
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40% Hike And Fat 10% Yield, I Am Loading Up: JPC