Fundsters who keep an eye on Pimco
superstar Bill Gross
may be a little surprised by his recent remarks to Bloomberg
. As Pimco prepares a push into equities, Gross told the wire service that bonds will not grow as fast (for the next decade or two) as stocks and real estate.
"Bonds have seen their best days," Gross said. "Over the long term, stocks return more than bonds when appropriately priced at the beginning of an investment period."
Fundsters interested in the details of Pimco's bet on equities and Gross' take on the future of investing may want to take a look at the full, five-page Bloomberg article.
Neil Anderson, Managing Editor
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