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I have been eyeing multi-asset income funds for near cash investing. They invest in preferred stocks and dividend payers, REITs, fixed income and cash equivalents. I don't expect big gains but hopefully better than the money markets are giving out. …
I'm aware of a financial services company with several offices in the US that decided it was cheaper to relocate main offices in low-wage, southern states and hire overseas companies that staff call center workers in the Philippines and India. In ma…
Gundlach was predicting that in 2015 the 10 year could potentially take out its modern day era low of 1.38%. It got down to around 1.64% and then the big bad bear began as we are now at 2.40%. This week was the largest weekly rise in yields since …
I own DODIX, which didn't hold up very well partially due to its higher quality holdings. ZEOIX held up pretty well, however. I know it's only a week or month, but sometimes it can be an educational experience during certain situations.
Davidrmoran, give FMIJX a look. Low cost, good up/down capture ratio. I moved from OAKIX to FMIJX when rolling over to an IRA. Very happy with the switch.
I highly recommend FMIJX as well. Very well run fund with competent management.
anyone saw One America News? brand new stuff.. conservative, but not Foxy..instead of commercials -- bits of history. attractive anchors (i believe unemployed hollywood wanna be's) not all of it, but basic reporting is very decent.
and yes, david…
I bought a medium sized holding of ASHDX due to its relative low volatility in the current environment. It's NTF at Fidelity. I'm contemplating purchasing USMV if the market decides to take a swoon.
Taxable account. What I use it for is basically the expectation I mentioned. I keep a range of credit-risky FI in what I think of as a separate sleeve in the portfolio, and ASHDX is a lower duration/higher quality (and therefore presumably less risk…
I've had a moderate position in ASHDX since early this year; so far, so good. Short-term, higher-quality junk is the game, decent yield with lower volatility & credit risk (than other HY) is the expectation. Haven't followed OSTIX lately, but in…
I was reading the fund "Fact Sheet" tonight and it says it invests primarily in higher-quality high-yield bonds and maintains a duration of less than three years. So, it doesn't sound unconstrained based on that. Currently, the duration is about 1.4…
I can say that VWENX is my largest holding at just under $100,000, but that's because I've reinvested dividends for several years. As a result, the fund has grown to that amount coupled with capital gains of course. But I would never just drop $100,…
I would think the odds of loss in any of these worthy funds over the next 5y to be nontrivial, no matter what they do, even, you know, BERIX and FPA. So I would stick a hundred thou, or even more, into SC 4% bonds, and make a few thou against inflat…
SolarCity; had mentioned it earlier (sorry)
https://solarbonds.solarcity.com/available-bonds/
I am sure there are others, but this is a v good outfit, I know from experience.
Thank you, David.
Gosh, Solarcity 5y bonds, if you can go 5y, and perhaps others similar.
This is assuming BERIX and VWINX are too risky for your taste.
I own BERIX and VWENX in the moderate portion of my portfolio (10-15 years away).
You could also try GADVX, ZEOIX, BPAPX, MERFX, NTAUX, GSTGX, or FPNIX
What is the goal of you "near cash".
My goal is to beat inflation as I'm too chicken to put it into equities or anything else for that matter given the current stock market highs…
I'm thinking about buying a floating rate bond fund but I prefer something not too aggressive as I saw what happened during 2008. I'm looking for something with decent yield that will offset some of my bond funds that are more interest rate sensitiv…
My unconstrained short duration bond fund has stayed put while everything else went red. ASDVX.
I've never heard of this fund, John. I'm going to check it out, lol
JABAX is another fine choice, albeit a bit more conservative than VWELX. I've held the latter for nearly 20 years and it's the anchor of my entire portfolio.
I have about $100,000 outside of "emergency cash" that I want to do something with. I don't feel comfortable dropping that money into equities with the current valuations and market situation. I already own plenty of muni funds so I don't want to pu…
Now that the market is pulling back is a good time to gauge if your chosen cash substitute is performing to your expectations. Remember real cash will function much like a shock absorber for a portfolio in market declines as real cash offers a stab…
As a follow-up, I recently purchased TOLLX (load waived at Fidelity) as a way to gain exposure to global infrastructure securities. I may supplement it with a REIT/Real Estate Income fund at some point. Thank you for the input.
Great input. Thank you all. I certainly have some things to ponder and work out on my own. I never realized that the term "real assets" can encompass so many different sectors and interpretations by investors. But it makes sense based on the holding…
be careful if you've never ventured in closed end funds before. i've owned JRI since it lost its IPO premium and the price spent years in 16s before it moved up recently. closed end funds have a asset class volatility related to premium/discount m…
HI John - Recently, I did purchase some shares of XLE in my Roth IRA, thinking that energy will be higher in a year or two from now. I don't expect it to stay this low for the long term.
However, I was looking at my overall portfolio and noticed t…
After the Q4 distribution fiasco, I gave some time to think this one over. The fund has done well in the past and the recent rough patch has affected other funds in that sector as well. The two manager losses may have been more than the company coul…
