Comments on: Investing in a Stagflationary Environment http://alephblog.com/2007/09/19/investing-in-a-stagflationary-environment/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Fri, 25 May 2012 03:46:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Paulhttp://alephblog.com/2007/09/19/investing-in-a-stagflationary-environment/comment-page-1/#comment-5911 Paul Thu, 20 Sep 2007 19:48:35 +0000 http://alephblog.com/2007/09/19/investing-in-a-stagflationary-environment/#comment-5911 Hi David! Great website! How would utilties do in a stagflation environment? Thanks... Hi David! Great website! How would utilties do in a stagflation environment? Thanks…

]]> By: Bill aka NO DooDahs!http://alephblog.com/2007/09/19/investing-in-a-stagflationary-environment/comment-page-1/#comment-5774 Bill aka NO DooDahs! Wed, 19 Sep 2007 13:10:23 +0000 http://alephblog.com/2007/09/19/investing-in-a-stagflationary-environment/#comment-5774 I don't want to double dip, but do want to clarify, so please use "risk-adjusted returns" in the previous comment, re: returns on bonds. As a non-institutional investor who doesn't care as much about the "mark to model" on any bonds I would hold, I would view double-digit Treasuries as free money, especially in light of long-term returns on stocks barely cracking the DD with divvies included ... I don’t want to double dip, but do want to clarify, so please use “risk-adjusted returns” in the previous comment, re: returns on bonds. As a non-institutional investor who doesn’t care as much about the “mark to model” on any bonds I would hold, I would view double-digit Treasuries as free money, especially in light of long-term returns on stocks barely cracking the DD with divvies included …

]]> By: Bill aka NO DooDahs!http://alephblog.com/2007/09/19/investing-in-a-stagflationary-environment/comment-page-1/#comment-5764 Bill aka NO DooDahs! Wed, 19 Sep 2007 10:48:17 +0000 http://alephblog.com/2007/09/19/investing-in-a-stagflationary-environment/#comment-5764 [During the last Stagflation, bonds were called “certificates of confiscation” by many professionals in fixed income.] Funny stuff. Could you compare the total return of a 10-yr Treasury bought fresh and new anywhere from 1976-1980, and held to maturity (sending the coupons to cash) -- to the total return from an equal-sized basket of stocks or residential real estate over the same time period? [During the last Stagflation, bonds were called “certificates of confiscation” by many professionals in fixed income.]

Funny stuff. Could you compare the total return of a 10-yr Treasury bought fresh and new anywhere from 1976-1980, and held to maturity (sending the coupons to cash) — to the total return from an equal-sized basket of stocks or residential real estate over the same time period?

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