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When Investments Get Pricey, It’s Time to Play Defense – Wall Street Journal



Wall Street Journal

When Investments Get Pricey, It's Time to Play Defense
Wall Street Journal
Stocks are at record highs. The multi-decade bull market for bonds is likely over. But these days, even playing defense requires treading carefully. What's a cautious, long-term investor to do? Sitting in cash or super-short-term investments may seem ...
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