Danielle Park joined us for our bi-weekly discussion. During an economic downturn it’s important to temper your expectations when it comes to your return. Instead of 8 percent with mountains of risk, a 2-4 percent risk-less return starts looking pretty good. If you don’t believe it, just look at Detroit’s pension fund. It’s beneficiaries are taking a major hit in the bankruptcy because it’s former mayor decided to line his pockets at their expense.
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