Strategies which reach for yield often lead to heightened volatility and magnified losses during times of market stress, and if emotions get the better of them, investors will inadvertently sell the assets at the worst possible time.

Having some flexibility in your drawdown rate can ensure that your invested funds will last you as long as you need

Bonds are primarily meant to stabilise your portfolio and provide a buffer during volatility. Buying them for returns or yield can be dangerous and expose you to hidden risks.

The yield curve inversion may not be the disaster it’s being made out to be