Originally Posted by rayvt
By holding on to a bond to maturity vs. selling at a loss brfore maturity all you are doing is changing the shape of your time-valued total return -- you are not changing the NPV at all.
Everything comes to he who waits........
OCCUPY ER, <=>
"The needs of the many outweigh the needs of the few, or the one." - Spock
Retired Mar 2014 at age 52
Target AA: 70% equity funds / 28% TIAA-Traditional/ 2% cash
Target WR: 0.0%,
Income from pension, rent, and eventually SS