Bill Gross Once Again Prefers Bonds Over Stocks
Long-term readers of Bill Gross' comments should not be surprised that the king of fixed income recently wrote that he still prefers bonds over stocks. After all, fixed income securities are what PIMCO"s Gross knows best and has always been more comfortable in recommending.
Innovest believes that most long-term investors are best served by owning both debt and equity in their diversified portfolios. Please click here for Gross' latest Investment Outlook.