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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
Thanks for your comments.
As has happened in the past, monetary tightening tends to produce some financial accident, crisis or disaster (here or globally). We don't know if the collapse of speculative stocks and cryptos were those - so, keep your …
@sma3, VG website works best on Chrome (some say Firefox too). Safari works fairly but NOT when you want to buy CD. Strange that VG did not ensure that all browsers work without question.
With respect to 1099s, make sure you set up for “electro…
It is a good start for many. It helps to visualize how much one gets monthly if their 401(k) are annuitizes. Same goes for one’s social security (depends on when the withdrawal dates). If one fortunate to have a pension plan from their employers, …
The CEO who just got fired may be the one who brought Arnal on board.
Sounds like the former CEO has set up the CFO to be the fall guy. Changing a CFO cannot solve the already problem on multiple fronts. Looks like BBBY need serious restructuring …
Storage and transport have been challenging for hydrogen in the past, but I believe they can be solve. In the long run, hydrogen economy would be most beneficial to the human mankind and the environment.
There is lots of info not available to the public eyes. One would think the “top secure” documents are track and can only be read in special rooms. Where are the gatekeepers? Our local university has a tight checkout systems for books and journals…
They have gotten a lot more expensive than the past. These days they have to be competitive to online stories in order to survive. They have better quality goods than those at Walmart, but their pricing strategies and online stores are not working …
Sometimes executives are tie tightly to their firms both financially and emotionally. Something is going on that the public is not aware of this person’s life.
Bed, Bath & Beyond has been declining for sometimes as sales have drifted to online…
Adding to @orage comment on The Shadow’s Sept’s Commentary:
A whole series of Direxion ETFs, some modestly silly and others just very badly out-of-step with the market, hence unattractive to fickle investors, will be liquidated on September 23, 202…
Excerpt from Heather Cox Richardson' today commentary:
Today the unsealing of a court filing revealed that the August 8 search turned up more than 11,000 documents or photographs that were not classified, 31 documents marked CONFIDENTIAL, 54 marked …
In the final round of the count, Peltola, a former state lawmaker, edged Sarah Palin, a former Alaska governor and the 2008 Republican vice presidential nominee, by 3 percentage points, 51.5% to 48.5%.
Real nice for someone who is relatively unkno…
Great points. I have been buying 26 weeks treasuries and holding them to maturity.
Fidelity is the easiest to buy new issues while I had issues with Vanguard. Only to find out later that Chrome browser (not Safari) would resolve the issue with Vang…
If you stagger 4 1-yr CDs, 3 months apart, you should able to do okay. There are more new issues available today.
Treasury offers few more basis points than CDs on comparable duration if you want to look at this option as well.
There are many downsides to globalization and this is one of them. Foxconn is moving their plants to India and Vietnam to manufacture Apple products. Many tech companies are also moving their plants back to US.
Chinese’s version of mRNA vaccines f…
I notice that too. In the past, yield curve inversion indicates the coming of a recession. I believe 6-12 months CDs are reasonable as one can build CD ladders.
China does not want to buy western-developed vaccines at the expense of COVID outbreaks among the major cities. China’s vaccines are only 52% against Alpha strain. By now, they are even less efficient against Omacron 4/5. The combination of high po…
More details released from the search. Troubling…
https://npr.org/2022/08/31/1120217245/trump-team-may-have-hidden-or-moved-classified-material-from-mar-a-lago
Sometime holding cash is not all bad (sone call it trash). Time like this cash give you options. Money market yields have inched up to over 1-2% now from near zero.
Whether Giruox’s timing is right to deploy his cash to buy tech stocks in June’…
@bee, I too used to invest with Pimco Income, but it has sizable outflow this year with rising rates. If Fed continues to raise rates in order to fight off inflation, buying treasuries and holding them to maturity is a few way to survive.
Danger is whether he has shared those “classified” documents with our adversaries. Some of these documents should only be read in special rooms highly controlled. How are the ended up in his unsecured house?
Trump former personal attorney, Mich…
While I invest in PRWCX as many posters here, a single fund manger poses sizable risk as he/she may no longer running the fund sometime in the future. Regardless what succession plans are in place, it takes time to fully transition successfully to …
Thank you for the detailed breakdown on the bond’s allocation. 8.1% treasury notes appear to be new. Is that his cash position now?
Going into May-June, he had over 10% in cash and bought stocks.
Think that is in Canadian $. With the exchange rate today $1 USD = $1.29 CAD, does it convert to 3.41% yield (4.4% / 1.29 = 3.41%)?
If that is correct, it is higher than 1 yr CD in US, 2.90% as of last week.
TUHYX is having a tough year. I prefer not to chase high yield at the expense of total return. Experience tells me that steep loss in one year will take a long time to fully recover. During stress time such as March 2020, all HY bond funds fell alo…
If one buy and hold treasuries until maturity, they will get decent yields. Treasury funds and ETFs are different story and they are down ranging from 3 to 22%! YTD total bond index is also down 10%. So much for flight to quality and counteracting…
Excerpts from article above:
Billed as a “zero emission” mode of transport, the trains mix hydrogen on board with oxygen present in the ambient air, thanks to a fuel cell installed in the roof. This produces the electricity needed to pull the train…
Purifying to 99.9999% from a crude ore is always costly. The price is driven by the end-product’s performance. Think many of these special magnets are used in space applications ranging from deep-space telescope to land rovers.
US needs to produc…
