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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
@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…
One has to read the fine print carefully as marketing tactics are often used to get your attention. If the number sounds too good to be true, go check out the rates offered in new issued CDs from large brokerages such as Schwab and Fidelity.
Small cap space rotates quickly between growth and value styles, similar to those of the larger caps. Now value funds are in favor. I prefer active managed smaller cap funds since there are many more opportunities in stock picking. We have small ca…
Thanks @yogibb and @junkster,
Having a large cash position dampen the blow in down days and there were many in this year. We have been slowly adding since July, largely in value, dividend growth and defensive sector funds. So far it has worked out…
Concur with LB. The days of Peter Lynch no longer exist. Today out-performing the broader stock index consistently is very challenging. For me the ability to capture the market return by using low cost index funds is good enough. Among smaller ca…
PBS provided a nice interview on grain shipment from Ukaine.
https://pbs.org/newshour/show/ukraine-resumes-grain-shipments-amid-global-food-shortages
Hopefully this will head off hunger in the middle east and Africa.
On the investment front, whe…
If you buy new issues and hold to maturity, you will get the accrued interest in full amount plus the principal.
Still learning about the brokered CDs.
At the time, interest rates were near zero, tech companies were expanding, and Americans had extra cash thanks to stimulus checks from the federal government.
Two years later it is quite the opposite now with rising interest rate and that put cons…
IRS likes to get their tax throughout the year, not at year end. This is no difference with having too high of withholding and getting a large refund -essentially give Uncle Sam a free loan on your tax dollar. Unexpected large mutual fund year end d…
Still think you are okay to pay in the 3rd quarterly estimate.
When to and how to change your withholding or pay estimated taxes
Check your withholding often and adjust it when your situation changes. To do this fill out a new Form W-4 and give it…
