Looks like the 10-year has shot up about 10 basis points in recent weeks to around 0.77% this morning. The media gurus are all over the story, so I took a look.
- PBDIX up 7.14% YTD / down 0.44% past 4 weeks
- DODLX up 6.6% YTD / no change past 4 weeks
- RPSIX up 1.07% YTD / up 0.12% past 4 weeks
Any good ideas where to put money for a little extra return beyond cash with minimal potential loss of principal over 2-3 year periods? Short term bonds vs intermediate? AAA rated vs. sub-investment grade?
Comments
PTIAX dropped measurably at the beginning of the week. Holding even on the last two or three days. PRSNX and RPSIX have risen nicely, this week. For not any reason I can figure out. Particularly given the political turmoil.
27 US stocks
8 foreign stocks
57 bonds of all sorts
PTIAX 7.82 of portf.
PRSNX 20.99
RPSIX 26.51
retired, 66. pretty happy with my funds. Wife has one fund, Trad. IRA: BRUFX.
Everything else is concentrated in 6 funds. PRWCX holds 31.48 % of portf, including BRUFX.
Higher rated bonds (core + core plus) + Munis are not doing well for 1-4 months.
The best bond funds are specializing in securitized/MBS. You can most in the Multi category but also in Non Trad
The only out and out bond funds I owned were RSIVX and RPHYX. I expect to lose them by EOY. SIRIX and SSIIX I have to think about. I might get rid of some balanced funds as well. This year I'm going to greatly reduce the number of funds I own. I have previously belittled nonsense about owning "too many funds". I still don't have issue with it. Just that I've found a better mousetrap.
Most of all, I'm sorry to say WFH due to Covid has been good to my health as well as wealth. I will not apologize for it. 007 can take a hike AFAIC.
You definitely spurred me to start exploring, and then selling, puts in my dad’s account to generate some income (and it puts some cash on the “sideline” for a while until the put expires, or I buy it back when the price drops to pennies per option). Thank you again!
Edit: a quick google search showed WFH is work from home. Dunno what 007 means still, though. Thanks!
25 of the Most Popular Internet Acronyms
AKA Also Known As
BTW By the Way
CYS Check Your Settings
EOD End of Discussion
TLGO The List Goes On
LOL Laughing Out Loud
HF Have Fun
ROTFL Rolling on the Floor Laughing
YMMD You Made My Day
OT Off Topic
YAM Yet Another Meeting
LNT Leave No Trace
DTP Disturbing The Peace
DNA Deoxyribonucleic Acid, Did Not Attend, Does Not Apply
KIG Keep It Gangsta
AYT Are You There?
WYM Watch Your Mouth, What You Mean?
LMK Let Me Know
LI Laughing Inside
WDYWFM What Do You Want From Me?
NGU Never Give Up
HBY How About You?
IMMD It Made My Day
LBNL Last But Not Least
LYLT Love You Long Time
Source: https://blog.talk.edu/learn-english/25-popular-internet-acronyms/
Not on list - But I took AFAIC to mean “as far as I’m concerned.”
I haven’t had time to look at Bonds (the non-investable one) but will be sure to do so. Just uncovered a trove of old JB movies OADSOITG.
https://www.merriam-webster.com/dictionary/TL;DR