|
Posted by on February 1, 2007, 12:36 pm
wrote:
>
>
>
> > > I am 70 and am putting some of my portfolio into bonds. At present have 14%
> > > (Dodge&CoxIncome, Van. Intermediate Bonds,VanShort Term BondsVan Total Bond
> > > Mkt) Have about 4 years in cash. Want to put about 30% more in bonds. Am
> > > looking at some Fidelity but haven't found one I like yet.
>
> > > Anyone with ideas of some more good bond funds?
>
> > Why do you think you need *more* bond funds? Do you enjoy juggling an
> > over-complicated portfolio? Personally, I think a single diversified
> > core bond fund like DODIX or VBMFX would be fine for most folks.
> > Outside of a tax-sheltered account and depending on your income, you
> > might want to look at a state-specific muni bond fund, but if you're
> > already retired this might not make sense for you. You might consider a
> > short-term bond fund for at least part of your bond portfolio if you
> > want to take on less risk, but nowadays you can get fully-insured bank
> > CDs that pay more or less the same return, so why bother?
>
> > -Sandra the cynic
>
> I had Vanguard GNMA VFIIX & LT Corp VWESX,
> and after some head scratching basically sold all
> & am holding in ladder CDs and Vanguard MM account.
>
> I might put some back into the VBMFX index fund
> but it is emotionally hard to stuff anything into a 5% account
> when the S&P is at 15%...
Remember the 5% yield on a bond is 'locked in' if you hold that bond
to maturity.
The 15% return on the SP500 is *last year's return*. It is an
entirely historic number.
The only return that you are (almost) sure to get on an SP500 fund
next year is the 2% or so dividend yield.
> I know I should be "protecting" some assets,
> it's just hard to hit the enter key on those exchanges.
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap