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/portfolios/when-it-comes-bonds-dont-be-hero
Interesting article on bond allocation, short term needs for retirement are better to be in a money market account up to two years of spending and up to ten years in a high quality active bond fund. Also active bonds have outperformed index bond funds by one percent
sorry everyone, but here's what RC told me just now.
"Hi Josh,
This would be feedback as the model portfolios you create in the advisor portal are only visible on the advisor end. This is to prevent clients to use model portfolios specifically recommended for other clients. However, I will certainly pass the feedback to add the functionality to control which portfolios a client can view on to our development team and hopefully, we can implement this in the future.
We ask you to continue to share your feedback as it helps to improve the user experience for both you and the client. Please let us know if you have any other questions or suggestions!"
if you guys have other feedback let me know. Preferable in an email so I can copy and paste it to them directly.
