Read in Korean → 한국어로 읽기 When discussing safe assets,gold and silver often come to mind. But we cannot leave out bonds. Are bonds really safe assets? Many people think of bonds as complex financial products.Yet within portfolio construction,bonds are one of the most fundamental stabilizing assets. Today, let’s examinewhy bonds are considered safe assetsand … Read more
Read in Korean → 한국어로 읽기 After reading about gold and safe assets,a natural question arises: “Is silver also a safe asset like gold?” News outlets often mention gold and silver together.They sometimes move in similar directions. But structurally,silver may look similar to gold —yet it plays a very different role in a portfolio. Today, … Read more
Read in Korean → 한국어로 읽기 When markets become unstable,people naturally look for “safe assets.” Gold, cash, bonds —assets with relatively lower volatility and psychological comfort. I’ve experienced this too.During periods of high volatility,I found myself drawn toward assets with smaller price swings. But as the proportion of safe assets increases,a subtle problem begins to … Read more