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Have purchased the following callable Agency Bonds from MMkt acct:
3130B3MS9 - 30-yr 6.25% (1st call date 2/25) IRA and taxable
3133ERB34 - 7-yr 5.125% (1st call date 5/25) IRA
3133ERB26 - 7-yr 5.0% (only call date posted 11/25) IRA
Been shopping in the T-IRA Bond Store with RSIIX, OSTIX, RCTIX, FPNIX, DODIX, BIMIX. High yield, Multi-sector, short and intermediate term funds. Money coming from sale of VG Ultra short term bond whose yield dropped well below VG Mmkt, and maturing…
@msf
First, let me say that I enjoy your investment contributions on this site. You take a focused and analytical approach to data, which is well thought-out and clearly outlined. I appreciate it. You have carried that forward in your response to …
It’s NYC. Perhaps the difference is that NYC promised, in writing, access to a traditional medicare supplement upon retirement. So we collectively have taken the Adams administration to court multiple times and so far, the courts have sided with us…
@msf @fred495 I am one of those NYC retirees, of which there are over 250,000 of us, represented by multiple unions (firefighters, EMT, teachers, etc). Prior to the MA proposals we had a choice of multiple plans. However, both the first proposal be…
We have two deferred accounts requiring RMDs; one provides a monthly draw for living expenses, while the second will be withdrawn in December. Both have taxes withdrawn during distribution.
I was still working during the GFC and had a mantra of staying the course. It’s easy to say “woulda, shoulda” in retrospect. But the fear then, if you hadn’t experienced ‘87 or lost biggly in ‘00-‘01, holding on by your fingertips and chanting, “I t…
@Observant - “The last time I checked, QLTY didn't hold NVDA or TSLA but it held the five other Magnificent 7 stocks.”
That’s what I noticed at M*. NVDIA has so thoroughly out-performed (excluding last 2-weeks) all the other Mag-7, which MAY, in it…
From: M*
GQG -> NVDIA = 10.X% (top investment)
QLTY -> MS = 7.X% (top investment; NVDIA not found in M* top 25)
This might account for *uneven* results over short period of time.
Deployed cash we had accumulated in T-IRAs during the spring ‘24, into mostly equity. Not a lot. Just enough to make me concerned about being too early.
@Sven - Mmkts will be dropping, but I’m not sure they’ll drop so far so fast. If the FOMC drops the short term rates 0.25% what will current MMkt (5.x%) at VG drop to? So I don’t see a reason to bale out of cash; but I could be wrong. Time will tel…
Continued to add to OSTIX, RSIIX, and RCTIX in our T-IRAs. With individual treasury rates slowly dropping, have been shifting money into these 3 as treasuries mature.
Opened a new position in FPNIX. Appreciate their focus on Securitized bond investments to offset my individual treasuries and corporate bond funds. Also added to DW’s RSIIX in T-IRA.
Reallocating funds from sale of VG short term corporates and Wellesley. Invested in 2-yr Treasury Notes, OSTIX, and RSIIX in respective IRAs.
Added to USFR and another 2-yr Treasury Note in taxable acct. I like using USFR as proxy for t-bills so…
To their credit, Empower responded with a fix. It was a clunky fix, which allowed me a different work-around. But the Empower response got me there in the end.
Placed an order for 2-yr t-notes in both IRAs. Considered 5 & 7-yr, but will wait till June since rates have slowly been rising, and will try not to kick myself if/when the rates drop.
@BaluBalu - I’ve dipped my toe in a callable indy agency bond last December, but still unsure of my footing. Vanguard doesn’t offer new agency bonds so I have to buy on the secondary market, which hurts my head trying to decipher the data prior to …
Even though I’ve transitioned most of our short and intermediate bond index funds to individual
t-bills, notes, and tips, I’ve still been DCAing into OSTIX and RSIIX.
