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I have been invested in bond OEFs since 2017 at about 95%. Most of the performance I made in unique bond funds was much higher than your typical us gov , muni, and corp. I also learned that investing based on predictions isn't a good idea.
I only know how to invest based on current markets.
Let's read the conclusions. The experts never give a definite answer. I never invest based on FEEL.
Our reading of bond market messaging is that it is more attractive to hold exposure to long-term interest rates in inflation-protected form, as long-term nominal rates are not offering adequate compensation for the inflation risk inherent in them. If you feel that the probability of US sovereign default in the long term is much lower than that implied in market pricing, then US TIPS might be a doubly good way to hold your long-term interest rate exposure.
I don’t know. But that photo of a late 1940s telecommunications switchboard (or computer bank?) resembles the complexity of the article. I’ve never liked bonds. Stick to 1-3 years out on the curve investment grade. Just me.
Randall Forsyth 2-3 weeks ago (May 30) had a Barron’s piece titled, ”I Never Thought I’d Say This: Buy TIPS”. His argument was that … “the current yield on 30-year TIPS recently reached 2.7%, the highest for that TIPS maturity going back to 2010.”
That “fat” 2.7% + the inflation adjustment on principle makes them desirable (I guess). Realize however that Forsyth is talking about owning the bonds directly. Maybe so. But I wouldn’t own them in a fund which can behave much differently than a bond does.
FWIW - An article in Barron’s this week says munis are currently attractively priced. Article: ”Munis Are Still Cheap” by Amy Stone (Take that with a huge grain of salt.)
Elsewhere in Barron’s this week it’s reported that the spread between junk and high quality bonds has narrowed significantly after having temporarily widened back in March and April. So they have become less attractive as investments now.
"that picture of a 1940s telecommunications switchboard (or computer bank?)"
Doesn't look like telecom, but really have no idea. That equipment looks like a semi-permanent cross-connect setup- not anything that is constantly reconfigured according to telecom traffic need. The women appear to have been posed for the picture, and likely once that board is configured it doesn't need to have anyone "operating" it on a constant basis.
Doesn't look like telecom, but really have no idea.
I have a feeling it’s an early computer. An old (now deceased) friend worked on them in the military during WWII and always claimed one computer would fill an entire room. I’m guessing the time period based on the hair styles of the women + photos I’ve seen of family members in the late 40s. But might be early 50s.
The amazing thing is that you now carry in your pocket a computer immensely more powerful!
Comments
Most of the performance I made in unique bond funds was much higher than your typical us gov , muni, and corp.
I also learned that investing based on predictions isn't a good idea.
I only know how to invest based on current markets.
Let's read the conclusions. The experts never give a definite answer. I never invest based on FEEL.
Randall Forsyth 2-3 weeks ago (May 30) had a Barron’s piece titled, ”I Never Thought I’d Say This: Buy TIPS”. His argument was that … “the current yield on 30-year TIPS recently reached 2.7%, the highest for that TIPS maturity going back to 2010.”
That “fat” 2.7% + the inflation adjustment on principle makes them desirable (I guess). Realize however that Forsyth is talking about owning the bonds directly. Maybe so. But I wouldn’t own them in a fund which can behave much differently than a bond does.
FWIW - An article in Barron’s this week says munis are currently attractively priced.
Article: ”Munis Are Still Cheap” by Amy Stone
(Take that with a huge grain of salt.)
Elsewhere in Barron’s this week it’s reported that the spread between junk and high quality bonds has narrowed significantly after having temporarily widened back in March and April. So they have become less attractive as investments now.
Doesn't look like telecom, but really have no idea. That equipment looks like a semi-permanent cross-connect setup- not anything that is constantly reconfigured according to telecom traffic need. The women appear to have been posed for the picture, and likely once that board is configured it doesn't need to have anyone "operating" it on a constant basis.
The amazing thing is that you now carry in your pocket a computer immensely more powerful!
Link to “The First Computer”