As stocks rise, bonds lose a step | Fee-Only Financial Planners Long Island

As stocks rise, bonds lose a step

Diana Ransom

Bonds are a necessary part of anyone’s portfolio for a reason, said Ron Rogé, a money manager in Bohemia, L.I. They act as a hedge against the volatility of the stock market.

“The wise thing to do is hold a diversified mix of bonds as part of your portfolio,” he said. “If you hold bond funds over time, you’re going to do well.”

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