gayl
Thinks s/he gets paid by the post
I've decided that maybe I should put about 50k into bonds. But I don't know how to do this. I know the mechanics of buying but how do I decide if it's a good one?? It would be in my IRA if that matters. What do I need to read up on to figure this out? About a decade ago Schwab advised me to buy PWZ as it is taxfree. But I don't need taxfree in a tax deferred account.
As to risk tolerance: I've traded stocks for decades, used to trade up to 300× year, level 2 options trader, a little embarrassed that I know very little about bonds so I've just been accumulating cash. We all know how little that earns. I've really REALLY slimmed down investments to just SCHB (86%), SCHD & individual stocks (4%), PWZ (6%), straight cash (4%). Plus EF in a different account ... comfortable with that being just cash. Tired of trading -- started to feel like work
As to risk tolerance: I've traded stocks for decades, used to trade up to 300× year, level 2 options trader, a little embarrassed that I know very little about bonds so I've just been accumulating cash. We all know how little that earns. I've really REALLY slimmed down investments to just SCHB (86%), SCHD & individual stocks (4%), PWZ (6%), straight cash (4%). Plus EF in a different account ... comfortable with that being just cash. Tired of trading -- started to feel like work
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