Part 7/10:
Recognizing the importance of safety in uncertain times, Eugene doubled his fixed income investments, particularly bonds and Real Estate Investment Trusts (REITs). These assets provide regular income streams and are considered safer bets amid fluctuating markets. Eugene appreciates the role of bonds, especially when interest rates are falling, as they serve as a hedge against volatility, even though the recent rate cuts have made them less attractive for yield-hungry investors.