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Sven
Lynn,
Thank you so much. I am planning on a 3-year ladder since I am a year away from retirement. Lots of spreadsheet work to calculate the income replacement needed. This ladder will create a steady income stream. So thank you for all your help.
I moved back to high quality bond funds this year. Some of which you covered in the SA article. For now, I will stay with agency bonds to the bond ladder. I will pick active managers for corporate bonds.
Sven
Excerpt from Heather Cox Richardson' today commentary:
Today the unsealing of a court filing revealed that the August 8 search turned up more than 11,000 documents or photographs that were not classified, 31 documents marked CONFIDENTIAL, 54 marked …
In the final round of the count, Peltola, a former state lawmaker, edged Sarah Palin, a former Alaska governor and the 2008 Republican vice presidential nominee, by 3 percentage points, 51.5% to 48.5%.
Real nice for someone who is relatively unkno…
Great points. I have been buying 26 weeks treasuries and holding them to maturity.
Fidelity is the easiest to buy new issues while I had issues with Vanguard. Only to find out later that Chrome browser (not Safari) would resolve the issue with Vang…
If you stagger 4 1-yr CDs, 3 months apart, you should able to do okay. There are more new issues available today.
Treasury offers few more basis points than CDs on comparable duration if you want to look at this option as well.
There are many downsides to globalization and this is one of them. Foxconn is moving their plants to India and Vietnam to manufacture Apple products. Many tech companies are also moving their plants back to US.
Chinese’s version of mRNA vaccines f…
I notice that too. In the past, yield curve inversion indicates the coming of a recession. I believe 6-12 months CDs are reasonable as one can build CD ladders.
China does not want to buy western-developed vaccines at the expense of COVID outbreaks among the major cities. China’s vaccines are only 52% against Alpha strain. By now, they are even less efficient against Omacron 4/5. The combination of high po…
More details released from the search. Troubling…
https://npr.org/2022/08/31/1120217245/trump-team-may-have-hidden-or-moved-classified-material-from-mar-a-lago
Sometime holding cash is not all bad (sone call it trash). Time like this cash give you options. Money market yields have inched up to over 1-2% now from near zero.
Whether Giruox’s timing is right to deploy his cash to buy tech stocks in June’…
@bee, I too used to invest with Pimco Income, but it has sizable outflow this year with rising rates. If Fed continues to raise rates in order to fight off inflation, buying treasuries and holding them to maturity is a few way to survive.
Danger is whether he has shared those “classified” documents with our adversaries. Some of these documents should only be read in special rooms highly controlled. How are the ended up in his unsecured house?
Trump former personal attorney, Mich…
While I invest in PRWCX as many posters here, a single fund manger poses sizable risk as he/she may no longer running the fund sometime in the future. Regardless what succession plans are in place, it takes time to fully transition successfully to …
Thank you for the detailed breakdown on the bond’s allocation. 8.1% treasury notes appear to be new. Is that his cash position now?
Going into May-June, he had over 10% in cash and bought stocks.
Think that is in Canadian $. With the exchange rate today $1 USD = $1.29 CAD, does it convert to 3.41% yield (4.4% / 1.29 = 3.41%)?
If that is correct, it is higher than 1 yr CD in US, 2.90% as of last week.
TUHYX is having a tough year. I prefer not to chase high yield at the expense of total return. Experience tells me that steep loss in one year will take a long time to fully recover. During stress time such as March 2020, all HY bond funds fell alo…
If one buy and hold treasuries until maturity, they will get decent yields. Treasury funds and ETFs are different story and they are down ranging from 3 to 22%! YTD total bond index is also down 10%. So much for flight to quality and counteracting…
Excerpts from article above:
Billed as a “zero emission” mode of transport, the trains mix hydrogen on board with oxygen present in the ambient air, thanks to a fuel cell installed in the roof. This produces the electricity needed to pull the train…
Purifying to 99.9999% from a crude ore is always costly. The price is driven by the end-product’s performance. Think many of these special magnets are used in space applications ranging from deep-space telescope to land rovers.
US needs to produc…
Not sure I agree with the article posted above. How can bonds rally when the Fed is raising rates until inflation is contained? This can continue until 2023. Powell does not care if the rate height and QT will trigger a recession. Don’t know if th…
I tend to agree this rally from June’s low resembles is more of a bear market rally until it falls again. The risk across the globe is far from subsided if not worsen in some situations such Europe’s gas supply.
Edit: energy, commodities and agr…
@JohnN’s OP is a combination of wishful thinking and weak / incomplete technical analysis.
Awhile back he mentioned that he is down double digits as he continues to pursue the elusive bottom. It will be a long road to climb back to breakeven point …
Getting a DNA sample as confirmation is not easy. NPR interviewed a local journalist who said security was extremely tight afterward after the missile strikes. This shows the Taliban government knows all along who and where Ayman al-Zawahri is hidin…
FBI forensic may able to tell if these documents may have been tempered or copied. Many secret concerns are not disclosed in the public since our adversaries can read about them including this forum.
General Kelly (when he was Chief of Staff) said…
