Risk is reduced through uncorrelated or low correlation diversification, not by mixing in low return, low-risk asset classes.
But if you are a long term investor and can spread the cash far enough there really is little excuse to tie all one's assets up in low return options.
It was these last May days in Austria, before Low returned home to stand for parliament, that saw the messy aftermath of the Yalta agreement of February 1945, signed by Churchill, Roosevelt and Stalin.
After forming a small troop of Girl Guides in Scotland and two in London, Low returned to the United States and organized the nation's first troop of Girl Guides in Savannah in March 1912.
Because these cuts are taking place in low-growth or declining industries and are accompanied by a doubling of market-adjusted value, they appear to be coming from reductions in low-return projects rather than productive investments.
The pressure for government to widen access to its offer, upwards in terms of amount and outwards in terms of who can buy in, will be massive, especially if a wave of pensioners has just seen the value of their pensions savings eroded in low-return investment options or their savings lost entirely in higher risk ventures.
Throw in the potential to lock in low mortgage rates and returns could be in the double digits.
In spite of low returns to land, labour and capital, farmers in dryland areas have long maintained a suite of indigenous strategies and options to manage risk and to deal with poor overall productivity.
An increasing number are getting in the game, frustrated with low returns in other investment arenas.
Firms may borrow too much to invest in projects with low returns, thereby exposing banks to dangerous risks.
In addition to low returns, there is competition for irrigation water between upstream and downstream users, vegetable growers and cereal growers, and between farmers with large irrigable plots and those with small plots.
