回複:aside from ratings, please elaborate why bonds is an inferior

Bond is debt. Bond holders' return on and return OF capital depends on the ability of the debtors to pay.

The biggest risk today is not to the return ON you capital but to the return OF your capital that are dependent on third parties.

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Yeah but -HCC- 給 HCC 發送悄悄話 (200 bytes) () 04/05/2012 postreply 10:15:01

for Information Only -- not a recommendation to buy/sell -金山海灣- 給 金山海灣 發送悄悄話 金山海灣 的博客首頁 (1582 bytes) () 04/06/2012 postreply 21:48:32

Thank you! -HCC- 給 HCC 發送悄悄話 (0 bytes) () 04/12/2012 postreply 12:21:22

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