Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Maybe everyone else has heard this one, but in yet another thread/forum about reaching for yield** by taking on more risk (more dividend/equity, HY bonds, etc.) in anticipation of the eventual interest rate hike and bond fund NAV hit, I thought this metaphor was clever...
Yes, you may be able to pick up a few handfuls more of quarters running in front of the steamroller, but don't confuse outcome with strategy.
** vs staying the course with total bond funds and other traditional fixed income assets, at low or negative real returns
Yes, you may be able to pick up a few handfuls more of quarters running in front of the steamroller, but don't confuse outcome with strategy.
** vs staying the course with total bond funds and other traditional fixed income assets, at low or negative real returns
Last edited: