28.03.2012 - Invest in commodities, dividend payers : Pimco's Gross
Investors have to be careful "because they’re being offered little in terms of interest rates. The danger now is of prices moving down, which would leave an investor with nothing," Pimco founder Bill Gross told CNBC Tuesday. Gross, who runs the $252 billion Pimco Total Return Fund, said investors need "very tangible items" in their portfolios, and that means commodities...............................................Full Article: Source
Print