Booth Laird On Melting Ice Cube Investments; Hidden Gems
Submitted by jacobwolinsky on Tue, 2015-04-14 13:56
- In the investing world, a melting ice cube is any investment vehicle whose value is expected to decline over time.
- The value of the bond will decline each year as the principle is paid down, reducing future annual interest payments, until the full principle is paid off.
- Since businesses have existed, industries have been born, grown, matured, and then declined to oblivion as new industries were born that rendered the original industry obsolete.
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