Beating the Dow with Bonds: A High-Return, Low-Risk Strategy for Outperforming the Pros Even When Stocks Go South
Michael B. O'Higgins entered the stock-brokerage business in the early 1970s, right on the verge of a rabid bear market. So his skepticism about the continued rise in stock prices is understandable. At the same time, he notes that bond yields, as of the 1999 publication date of this audiobook, are historically high relative to inflation. Therefore, an investment portfolio combining stocks and bonds, rather than stocks exclusively, should beat the Dow Jones Industrial Average in the future. Hiring A&E; Network's Jack Perkins, cohost of the acclaimedBiographyseries, to read this audiobook was a stroke of genius. Perkins's voice adds the heft of lifelong experience and hard-won wisdom to O'Higgins' rather dry explanations of what bonds are and why you should invest in them. (Running time: 3 hours, 2 cassettes)--Lou Schuler--This text refers to an out of print or unavailable edition of this title.