Just a question for you more experienced folks.
Often times I'm asked - do you want to do equities, or fixed income?
Honestly, not having done either (other than the stuff covered in CFA studies), I'm not sure what the advantages of one are versus the other. My background is more of a macroeconomics, political economy, emerging markets, demography, and asset-allocation orientation. This makes me think that equities are more interesting than fixed income (for me), but I don't really know enough to say. And maybe I shouldn't be looking in places that simply divide the world into equities and FI.
Seems to me that FI has fewer variables but more math associated with it, whereas equities has more variables and tea-leaf reading to figure out future cash flows. Is this correct? Is there more to consider?
TIA
Often times I'm asked - do you want to do equities, or fixed income?
Honestly, not having done either (other than the stuff covered in CFA studies), I'm not sure what the advantages of one are versus the other. My background is more of a macroeconomics, political economy, emerging markets, demography, and asset-allocation orientation. This makes me think that equities are more interesting than fixed income (for me), but I don't really know enough to say. And maybe I shouldn't be looking in places that simply divide the world into equities and FI.
Seems to me that FI has fewer variables but more math associated with it, whereas equities has more variables and tea-leaf reading to figure out future cash flows. Is this correct? Is there more to consider?
TIA