Subject: Re: Fixed income/bond investments
And this is not news. SPY has beaten every other asset class for the last 15 years (not including QQQ because that's not its own asset class), ESPECIALLY bond funds, even well managed PIMCO funds.
Here's a more interesting perf chart - yes, it's a total return chart - of another PIMCO fund PDI since inception vs SPY. up around 300% on a total return basis. Yup, SPY beat that one too, but quadrupling one's money in 13 years is still pretty good, yeah?.
https://stockcharts.com/freech...
But I'm making a point no one here is interested in and we're talking past each other, so enough.
FC