Puerto Rican Muni Bonds in the Press – Getting the Full Story?
With the recent news surrounding the Detroit bankruptcy lingering in investors’ minds, the Commonwealth of Puerto Rico has recently been the focus of industry press. The pieces tend to focus on many of the credit negatives of the commonwealth that have been known in the credit community for a…
The Surprising Truth About Volatility
True or false? It doesn’t matter how much an investment goes up or down in value, as long as the average return over time is good. If you chose “true,” you’re wrong. But you’re not alone. Many investors don’t realize the impact volatility can have on returns over time.