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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
@Scott, I was thinking the same thing.
Does this mean I should be careful about DoubleLIne Shiller CAPE fund? It is based on another Nobel laureate, Robert Shiller's CAPE index...
We have these services available in our 401(K). I would stay the hell out of them. They want in excess of 1% of the total asset. From what I have been tracking since 2006, they DO NOT provide better returns in both up and down cycles. No improve…
Just a thought. Another consideration is either Vanguard's investment grade short term bond, VFSTX, or the short term bond index, VBIRX. In either case, the expense ratio is ~ 0.1-0.2%. YTD returns this years have been quite good, 1.7 % and 1.0%…
I notice that too in Templeton Global Total Return with its declining yield. The loose monetary policy started in the US is not helping . Now ECB and BOJ are adopting the same policy. As Scott commented previously, how much do they have left when …
@MikeM, I wish Bill Gross spent more time managing Pimco' funds instead being a spoke person. His view has became less relevant in my investing world.
Good luck with your rollover IRA and the new position. Having a detailed plan is so important …
Andy,
JW was corrected. Fairholme was down 0.1% last week while most of high yield bond funds were down 1.5 - 2.0%.
Eaton Vance Bond fund was down 2.0%, but it also hold higher stock allocation that were also down even more. Dan Fuss's Loomis …
Same can be said about Warren Buffett during the tech bubble days. He did not invest in tech stocks because he cannot justified the high valuations. The rest is history. This points to different approaches of investment.
Today is a challenging environment for those who need income from bonds. Treasury and CDs provide low returns while higher yielding junk bonds pose more downside risk as shown this week. Still think investment grade, short to medium duration bonds…
I concur. Despite mortgage interest and property tax are tax deductible, there are other cost including insurance and repair/upkeep/remodeling to consider as well.
He used to smoke 30 years ago, but still smokes a few here and there. Lung cancer is more common among smoker. Exact cause(s) is still unsure in his case.
Ted, glad to see you are doing fine. In Oregon we have frequent power outage even though the power grid was recently updated. Once we stayed in a hotel when the outage lasted over 48 hours in the winter.
Osterweis Strategic Income,OSTIX, is a noteworthy multi-sector fund. M* mis-labelled it as a high yield fund. Another one to considered is Thornburg Strategic income and it holds foreign bonds as we'll. i
As much as I like Michael Hassenstab, I moved most of the allocation of Templeton Global Total Return to Franklin Mutual European fund. Don't think the geopolitical risk is the same magnitude as those of PGII.
Scott:
Great managers make sizable mistakes at times. That's fine. I would actually respect a manager more if they admitted it, told me what they learned from it and how it may change the way they approach an investment going forward.
Concur with y…
