Money managers are increasingly giving up on those investments that made them lots of quick bucks and opting for quality, long-term options. The Wall Street Journal reports that investment professionals are dumping their speculative and more volatile holdings, often found in exotic sectors (such as gold) or locations (such as India), in favor of better-quality investments that they believe will ultimately produce better results in a slower economy. “Starting in 2002 and 2003, it was ‘the riskier the investment the better,’ ”Jeff Schapp, chief investment officer of BB&T Asset Management, told the Journal. “Now, the tide has shifted.” One reason: The days of cheap borrowing are over. As federal interest rates rise, and continue to do so, money managers turn more conservative.