No Kidding Moment of the Day

From the Department of You-Can't-Have-Your-Cake-and-Eat-It-Too, comes this tidy little post called, well, "You Can't Have Your Cake And Eat It, Too"

One of the core tenants tenets of capitalism is that risk and reward are related. The reason equities have done better than CDs historically is that they are riskier (move up and down a lot more).

Without the risk, they would behave like CDs.

If they behaved like CDs, they would pay like CDs.

Problems arise when you decide that you want (or need) the REWARD of owning equities without the RISK.

Click on through to the rest of the post. It's a short read on a great site. Go and check out the rest of BehaviorGap's material. Always insightful posts.