I know Catch categorizes his bond allocation like this, but can someone explain what the difference is between Diversified and Multi-Sector? I don't know whether I am missing any meaningful distinction between these two categories or not.
Sorry, I have not been much of a participant lately, but the board software does not work well on my work computer and usually early morning or lunch at work is my best time for viewing. Hope everyone has been surviving the roller coaster OK. I'm still sitting with a pretty high cash allocation (~45%) and was able to make a few $s during the downturn and bounce back playing some blue chips. Unfortunately, I missed out on the gold rush when I dumped GLD back in April-May timeframe.