Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
A guy emailed me a list of highly rated long term bonds. Prices in low 70s! Meaning you're getting nearly a 6% Current Yield.
yes, taxed as ordinary income. ummmm. that's a problem??? Not in my book, unless you need to keep your income low to qualify for Obamacare or something else. In that case buy 'em in your IRA or Roth.
Couldn't agree more with what this guy writes:
"You have to get creatively gloomy to envision a future in which long-term bond yields go much higher from here, which is not to say that it’s impossible. You have to believe, for instance, that inflation expectations have become truly unanchored and that the US is heading for a wage-price spiral — that inflation has infected the national mindset and workers will start demanding raises, which employers will reluctantly deliver by raising prices. Not only that, but you have to assume that the Fed lacks the spine or tools to address the problem."
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
https://www.morningstar.com/funds/vanguard-wellesley-income-is-top-choice
Could be a great fund to start with starting in retirement and cash. Or use Vanguard Wellington and cash if you want to be more aggresive
