Gilts
UK government bonds. Known as “gilt-edged” because of the low risk of default by the UK government.
« Back to Glossary Indexby Mike Rawson ·
UK government bonds. Known as “gilt-edged” because of the low risk of default by the UK government.
« Back to Glossary Index
by Mike Rawson · Published April 21, 2017 · Last modified June 19, 2020
by Mike Rawson · Published October 10, 2016 · Last modified June 16, 2020
by Mike Rawson · Published October 8, 2024
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When markets fall, an investor who has courage but lacks cash is as powerless as one who has cash but no courage.