Show notes
Bond prices are falling as yields rise—and that does not mean diversification has failed. Don and Tom explain why high-quality bonds can decline when stocks and the economy are strong, why that behavior is normal, and why chasing high-yield or “alternative” bond funds can quietly turn the conservative side of a portfolio into more stock-market risk. They also answer questions about Roth conversions after required minimum distributions have begun, whether conversion taxes should ever come fro...



