I am an older guy (49) who doesn't have enough bonds, only 9%, because 1) I'm addicted to the thrill of equities 2) I have other income sources, such as my wife's bond-heavy portfolio and 3) I am stupid. I will have some cash to invest, and plan to make sure I add lots of bonds to balance my overall portfolio soon.
The question is, which bonds to hold? Being an ETF person rather than a mutual fund guy, I mostly hold AGG and BND (very broad, short-ish timespan, surprisingly decent yield each year) and LQD (longer term, 3,5%-4% yield, which seems outstanding). Since these ETFs fell a bit over the past two weeks, are they a "buy" now?
The other question is, in theory bonds and stocks are supposed to move differently from each other, hopefully going in different directions. Yet every time I pay attention to things, I see my bonds falling on days my stocks fell. Are they just positively correlated a bit right now, though this will reverse at some point in the future?
Thanks in advance for your ideas!
Submitted February 08, 2018 at 03:09AM by peterinjapan http://ift.tt/2nL93Ye
