“So, instead of a higher yield being thought of as attractive what investors should think of is it means it is risky. High yields are in essence bribes to take a gamble.“- David Loeper, “Beware of Yield Bribery”
There is no person that I am aware of that gives greater insight into how a financial advisor should think about their craft than David Loeper. Any advisor who wishes to consider viewing their resources objectively really should entertain David’s thoughts.
So, why should an individual consider holding government bonds when they can get higher yielding assets elsewhere? Let’s take a look at David’s brief article to find out why. http://www.forbes.com/sites/investor/2010/06/28/beware-of-yield-bribery/ http://www.amazon.com/Stop-Investing-Rip-off-Avoid-Victim/dp/0470448792