Everything comes up short of the S&P 500.
Utility companies get local monopolies and in exchange their prices are regulated. Consequently they have moderate but stable, essentially guaranteed, returns.
Utility companies get local monopolies and in exchange their prices are regulated. Consequently they have moderate but stable, essentially guaranteed, returns.
https://www.finra.org/investors/insights/concentration-risk
https://en.wikipedia.org/wiki/Concentration_risk
https://ncua.gov/regulation-supervision/letters-credit-union...