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Re: Market Rout

By: Zimbler0 in POPE 5 | Recommend this post (0)
Tue, 25 Feb 20 2:17 AM | 35 view(s)
Boardmark this board | Pope 5 		Msg. 53207 of 62138
(This msg. is a reply to 53162 by micro)
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Micro > Likely look at Bond markets strongly although my managed accounts already do that automatically.


Bonds.
Interest rates go down, bond prices go up. Years of low
inteest rates . . . and bond prices are about as high as
they can get. (I think.)

(Note : If (or when) interest rates go up, bond fund share
prices - and the values of individual bonds - will go down.)

Worse, the dividend yields on bond funds are near, or below
three percent. Making me wonder if keeping money in my bond
funds is worth it.

Funny thing. Used to be corporate bonds paid better than
municipals . . . as the tax free aspect of municipals made
them (allegedly) more attractive. I have shares in three bond
funds. And the muni's are paying out better than the corporate.
At least according to my printout from Morningstar.

DWS Managed Municipal Bonds - yield 2.9%.. . . . . SCMBX
Vanguard High Yield tax exempt - 3.3% . . . . . VWAHX
And Vanguard Total Bond Market - 2.7% . . . . . VBTLX (In my 401K.

Zim.





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Mad Poet Strikes Again.


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The above is a reply to the following message:
Re: Market Rout
By: micro in POPE 5
Mon, 24 Feb 20 5:40 PM 		Msg. 53162 of 62138

a correction is overdue and this is it. About time. Been expecting it so it is no suprise. Been talked about here lots of times.

I am not so sure that the corina virus has anything to do with the correction to the DOW. The markets were over priced for quite some time and the price to earnings ratios were beyond the pale of most stocks.

SO, its time for another correction.. Gold would be one among several places to re-invest. I already have substantial gold holdings so I Am not putting any more there. Likely look at Bond marketsstrongly although my managed accounts already do that automatically.

Hope everyone (investors) just remain calm and don't panic and create a worse scenario. Most knew this correction was overdue and using this virus as a trigger to me is shameless. Just blame it on anoverbought, artificially propped up market like it was and be done with it...

Of course, I am not a financial advisor who gets paid lots of money for spewing verbal refuse while taking your money, but some things are obviousl and should be looked at like that...

I think I will go take a nap while this little fit throwing tantrum in the marketplace is going on.

Ho-hum........


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