Mark Hebner and Tom Cock discuss this radio show’s overall topic of “How Investments Work” and how to build a globally diversified portfolio. They specifically address the past performance of bonds vs. stocks by presenting Figure 8-21@ www.ifa.com: Does it Pay to Extend Bond Maturities Beyond 5 years? Answer: No. They also introduce the IFA calculator by comparing IFA Portfolio 90 to a bond portfolio in the time period of October 1981 – September 30, 2010. Listen and watch to see which had higher total returns.