p****a
发帖数: 4829 | |
d*****1
发帖数: 1837 | 2 great fund. bill gross大当家
俺前公司401K有，一直保留着，没舍得转出来 |
h******b
发帖数: 6055 | 3 我401k里面一半是这个。
但普通account很难买这个吧，得公司提供才行。 |
S**C
发帖数: 2964 | 4 Initial investment mins: $25,000 @ Vanguard, $100,000 @ TD Ameritrade with
fees in all account, $100 @ Scottrade with fees in all account, $100 at
Wells Fargo without fees in IRA account before, do not know now.
So, not that difficult to get.
Bill was and still is a great bond manager, but he recently becomes more of
a financial personality than a money manager, which annoys me. Plus, Bill
manages $1T, give or take, that is a concern.
【在 h******b 的大作中提到】
: 我401k里面一半是这个。
: 但普通account很难买这个吧，得公司提供才行。
|
w*****1
发帖数: 6807 | 5 我很看好，最稳妥的bond投资了，强力推进身边所有人 |
d**k
发帖数: 606 | 6 any thing similar in stock fund?
【在 w*****1 的大作中提到】
: 我很看好，最稳妥的bond投资了，强力推进身边所有人
|
n******n
发帖数: 12088 | 7 别迷信。目前利率环境，债券风险很高。
【在 w*****1 的大作中提到】
: 我很看好，最稳妥的bond投资了，强力推进身边所有人
|
p****a
发帖数: 4829 | 8 We had similar 利率环境 in 2001-2003. It still did very well after 2003.
【在 n******n 的大作中提到】
: 别迷信。目前利率环境，债券风险很高。
|
n******n
发帖数: 12088 | 9 那时多少国债？现在多少？
【在 p****a 的大作中提到】
: We had similar 利率环境 in 2001-2003. It still did very well after 2003.
|
n******n
发帖数: 12088 | 10 那时多少国债？现在多少？
【在 p****a 的大作中提到】
: We had similar 利率环境 in 2001-2003. It still did very well after 2003.
|
|
|
p**h
发帖数: 1105 | 11 普通帐户可以买 PTTDX, 是一家的fund， 不同class， 缺点是expense ratio 高一点
， 0.46% vs 0.75%。。 偶用这个fund 在money market 存钱， 比CD的利息高。 不过
觉得 PONDX 貌似更好一些， 特别是现在的市场状况。 可能PTTRX/PTTDX 更适合2008
年的状况。
【在 h******b 的大作中提到】
: 我401k里面一半是这个。
: 但普通account很难买这个吧，得公司提供才行。
|
p***e
发帖数: 472 | 12 能具体讲讲怎么用这个fund在money market存钱么？
2008
【在 p**h 的大作中提到】
: 普通帐户可以买 PTTDX, 是一家的fund， 不同class， 缺点是expense ratio 高一点
: ， 0.46% vs 0.75%。。 偶用这个fund 在money market 存钱， 比CD的利息高。 不过
: 觉得 PONDX 貌似更好一些， 特别是现在的市场状况。 可能PTTRX/PTTDX 更适合2008
: 年的状况。
|
n******i
发帖数: 374 | 13
2008
【在 p**h 的大作中提到】
: 普通帐户可以买 PTTDX, 是一家的fund， 不同class， 缺点是expense ratio 高一点
: ， 0.46% vs 0.75%。。 偶用这个fund 在money market 存钱， 比CD的利息高。 不过
: 觉得 PONDX 貌似更好一些， 特别是现在的市场状况。 可能PTTRX/PTTDX 更适合2008
: 年的状况。
|
n***8
发帖数: 203 | 14 it seem not increase too, why good? dividend?
【在 p****a 的大作中提到】
: 好像过去25年基本没有跌过啊。
|
s**********d
发帖数: 36899 | 15 所有的bond funds都有很多利息出来。
这个10年平均收益率是6%
★ 发自iPhone App: ChineseWeb 8.6
【在 n***8 的大作中提到】
: it seem not increase too, why good? dividend?
|
n***8
发帖数: 203 | 16 6% sounds good, where to see this info?
【在 s**********d 的大作中提到】
: 所有的bond funds都有很多利息出来。
: 这个10年平均收益率是6%
:
: ★ 发自iPhone App: ChineseWeb 8.6
|
s**********d
发帖数: 36899 | 17
morningstar就可以看啊。
【在 n***8 的大作中提到】
: 6% sounds good, where to see this info?
|
s**********e
发帖数: 268 | 18 我401K就有这个fund，去年就跌了
最近利率看涨，不看好这个fund
我去年中期就减少了这个fund的比例
【在 p****a 的大作中提到】
: 好像过去25年基本没有跌过啊。
|
s********i
发帖数: 17328 | 19 前一段长期低利率，将来利率看涨，这个fund performance未来几年好不了，但所有
的bond funds都这样，要ｂｏｎｄ就留着吧，否则投stock。 |
y****i
发帖数: 778 | 20 I changed all my 401k bond fund from PTTRX to MXLMX at 2010. Since 1/1/2011
to now, MXLMX goes up 30.2% but PTTRX is only 10.8%. Multi sector bond fund
is better than normal treasury bond fund for sure.
【在 s********i 的大作中提到】
: 前一段长期低利率，将来利率看涨，这个fund performance未来几年好不了，但所有
: 的bond funds都这样，要ｂｏｎｄ就留着吧，否则投stock。
|
|
|
s********i
发帖数: 17328 | 21 ＰＴＴＲＸ和ＭＸＬＭＸ应该属于different asset class，risk不一样了。PTTRX基本
上是各国国债。MXLMX 50%corporate bonds。08-09年那会儿MXLMX和stock一样都暴跌。
2011
fund
【在 y****i 的大作中提到】
: I changed all my 401k bond fund from PTTRX to MXLMX at 2010. Since 1/1/2011
: to now, MXLMX goes up 30.2% but PTTRX is only 10.8%. Multi sector bond fund
: is better than normal treasury bond fund for sure.
|
n***8
发帖数: 203 | 22 when interest rate go up, it's not good for either bond fund or stock,
then what to choose? |
s********i
发帖数: 17328 | 23 理论上来讲，don't try to timing the market，just keep you portfolio balanced
。新钱进来买跌的多得那个。
【在 n***8 的大作中提到】
: when interest rate go up, it's not good for either bond fund or stock,
: then what to choose?
|
y****i
发帖数: 778 | 24 MXLMX dropped only 25% when S&P 500 lost 50% at 2008-2009. The 10 year
growth is also the highest.
1st one, MXLMX
2nd one, VFINX
3rd one, PTTRX.
YTD 1 Mo 1 Yr 3 Yr * 5 Yr * 10 Yr *
Growth of 10,000 10,241 10,203 10,885 12,964 21,100
22,363
Growth of 10,000 10,065 10,434 12,471 14,926 27,909
19,702
Growth of 10,000 10,186 10,081 9,973 11,413 14,268
18,002
跌。
【在 s********i 的大作中提到】
: ＰＴＴＲＸ和ＭＸＬＭＸ应该属于different asset class，risk不一样了。PTTRX基本
: 上是各国国债。MXLMX 50%corporate bonds。08-09年那会儿MXLMX和stock一样都暴跌。
:
: 2011
: fund
|
t******g
发帖数: 462 | 25 In the mid term, be careful with bond fund, risk adjusted return can be low |
s********i
发帖数: 17328 | 26 the point is not the absolute return. MXLMX is similar as stocks risk wise
while PTTRX is different. I am not saying MXLMX is bad. I am just saying it
is a different asset than PTTRX. If you want an asset class like treasury
bond, they will be pretty much similar in the next few years, which probably
won't have good returns.
100
909
【在 y****i 的大作中提到】
: MXLMX dropped only 25% when S&P 500 lost 50% at 2008-2009. The 10 year
: growth is also the highest.
: 1st one, MXLMX
: 2nd one, VFINX
: 3rd one, PTTRX.
: YTD 1 Mo 1 Yr 3 Yr * 5 Yr * 10 Yr *
: Growth of 10,000 10,241 10,203 10,885 12,964 21,100
: 22,363
: Growth of 10,000 10,065 10,434 12,471 14,926 27,909
: 19,702
|
M********r
发帖数: 278 | 27 i thought, correct me if I am wrong, both are bond funds and seek absolute
returns and can go anywhere and buy anything. Their current portfolios are
different not because of their investment mandates, but because of the
choices made by the managers. PTTRX seems to be comfortable with treasuries,
agency bonds and mortgage backed secutities, but MXLMX largely shun these
and is heavy in corporate bonds. Both Gross and Fuss are great managers.
Gross has been experiencing bad publicity right now and is dealing with
outflows. Both funds should be fine in the long run. The problem is their go
anywhere do anything style. This could be a headache for investors wishing
to have a fixed asset allocation.
it
probably
【在 s********i 的大作中提到】
: the point is not the absolute return. MXLMX is similar as stocks risk wise
: while PTTRX is different. I am not saying MXLMX is bad. I am just saying it
: is a different asset than PTTRX. If you want an asset class like treasury
: bond, they will be pretty much similar in the next few years, which probably
: won't have good returns.
:
: 100
: 909
|
y****i
发帖数: 778 | 28 CD is a good choice when the interest is high enough. I have a 7 year 5.5%
CD bought at May 2008 when the S&P 500 was 1400. If you put it in a tax
deferred account, 45% total return when it mature at 2015. S&P 500 return is
up 32% until now, need up another 10% to May 2015, for the index above 2000
just break even with my CD investment.
The problem is current CD rate is low. So individual bonds, especially 5-10
year lower investment grade municipal bond with AGM/MBIA or even AMBAC
insured since it went out bankruptcy last year, are the best bet. You can
buy tax free muni bonds in taxable accounts and individual corporate bonds
or taxable muni bonds in IRA or Roth IRA. The yield has to be high enough to
offset the interest risk, like 3-4% for tax free and 5-6% yield for taxable
now. When the interest goes up, you can buy new bonds with higher yield
like 4-5% for tax free and 6-8% for taxable. Buy short or mid term bonds now
and long term when the interest rate goes up. My question is: Are you 100%
sure the interest rate will go up?
【在 n***8 的大作中提到】
: when interest rate go up, it's not good for either bond fund or stock,
: then what to choose?
|
S**C
发帖数: 2964 | 29 Just pointing out $10,000 put into VFINX on 05/01/2008 will grow to $14,935
today with dividend reinvestment. The dividend and capital gains subject to
a far better tax treatment than interest, as a bonus.
is
2000
10
to
【在 y****i 的大作中提到】
: CD is a good choice when the interest is high enough. I have a 7 year 5.5%
: CD bought at May 2008 when the S&P 500 was 1400. If you put it in a tax
: deferred account, 45% total return when it mature at 2015. S&P 500 return is
: up 32% until now, need up another 10% to May 2015, for the index above 2000
: just break even with my CD investment.
: The problem is current CD rate is low. So individual bonds, especially 5-10
: year lower investment grade municipal bond with AGM/MBIA or even AMBAC
: insured since it went out bankruptcy last year, are the best bet. You can
: buy tax free muni bonds in taxable accounts and individual corporate bonds
: or taxable muni bonds in IRA or Roth IRA. The yield has to be high enough to
|
y****i
发帖数: 778 | 30 Before 30% up in 2013, the return is less than 20% even considering the
dividend. Stock risk is much higher than CD. 33% down in bear market can
wipe out the whole 50% gain in the bull market. We are talking about a 5
year mature bull market whose the p/e ratio is already higher than normal
because of QE. We'll see how soon this bubble will finally burst.
935
to
【在 S**C 的大作中提到】
: Just pointing out $10,000 put into VFINX on 05/01/2008 will grow to $14,935
: today with dividend reinvestment. The dividend and capital gains subject to
: a far better tax treatment than interest, as a bonus.
:
: is
: 2000
: 10
: to
|
|
|
y*c
发帖数: 904 | |
S**C
发帖数: 2964 | 32 Even at one of the most inappropriate time, that is mid-2008, to buy stocks,
the stock investment can still win against risk free assets within a market
cycle as illustrated here. Apparently, one should be cautious now, as well
as in mid-2008, when a lot more could be made if one is valuation conscious
and patient.
【在 y****i 的大作中提到】
: Before 30% up in 2013, the return is less than 20% even considering the
: dividend. Stock risk is much higher than CD. 33% down in bear market can
: wipe out the whole 50% gain in the bull market. We are talking about a 5
: year mature bull market whose the p/e ratio is already higher than normal
: because of QE. We'll see how soon this bubble will finally burst.
:
: 935
: to
|
m****a
发帖数: 2593 | 33 过去25年是利率下降时期，而现在利率正处在长期转折关头，所以要看fund在过去利率
上升期的表现如何，
【在 p****a 的大作中提到】
: 好像过去25年基本没有跌过啊。
|
S**C
发帖数: 2964 | 34 Bad publicity, what bad publicity. Bill is an a--hole? People knew it and we
also knew many if not most successful people are a--holes. There is power
struggle at the top in PIMCO? Just like XOM, MSFT, and about any sucessful
organizations? Bottomline, highly performing organizations are not church
choir, and they perform because of that.
treasuries,
go
wishing
【在 M********r 的大作中提到】
: i thought, correct me if I am wrong, both are bond funds and seek absolute
: returns and can go anywhere and buy anything. Their current portfolios are
: different not because of their investment mandates, but because of the
: choices made by the managers. PTTRX seems to be comfortable with treasuries,
: agency bonds and mortgage backed secutities, but MXLMX largely shun these
: and is heavy in corporate bonds. Both Gross and Fuss are great managers.
: Gross has been experiencing bad publicity right now and is dealing with
: outflows. Both funds should be fine in the long run. The problem is their go
: anywhere do anything style. This could be a headache for investors wishing
: to have a fixed asset allocation.
|
M********r
发帖数: 278 | 35 i agree. That's why I said PTTRX is a fine investment for investors.
we
【在 S**C 的大作中提到】
: Bad publicity, what bad publicity. Bill is an a--hole? People knew it and we
: also knew many if not most successful people are a--holes. There is power
: struggle at the top in PIMCO? Just like XOM, MSFT, and about any sucessful
: organizations? Bottomline, highly performing organizations are not church
: choir, and they perform because of that.
:
: treasuries,
: go
: wishing
|
p****a
发帖数: 4829 | |
d*****1
发帖数: 1837 | 37 great fund. bill gross大当家
俺前公司401K有，一直保留着，没舍得转出来 |
h******b
发帖数: 6055 | 38 我401k里面一半是这个。
但普通account很难买这个吧，得公司提供才行。 |
S**C
发帖数: 2964 | 39 Initial investment mins: $25,000 @ Vanguard, $100,000 @ TD Ameritrade with
fees in all account, $100 @ Scottrade with fees in all account, $100 at
Wells Fargo without fees in IRA account before, do not know now.
So, not that difficult to get.
Bill was and still is a great bond manager, but he recently becomes more of
a financial personality than a money manager, which annoys me. Plus, Bill
manages $1T, give or take, that is a concern.
【在 h******b 的大作中提到】
: 我401k里面一半是这个。
: 但普通account很难买这个吧，得公司提供才行。
|
w*****1
发帖数: 6807 | 40 我很看好，最稳妥的bond投资了，强力推进身边所有人 |
|
|
d**k
发帖数: 606 | 41 any thing similar in stock fund?
【在 w*****1 的大作中提到】
: 我很看好，最稳妥的bond投资了，强力推进身边所有人
|
n******n
发帖数: 12088 | 42 别迷信。目前利率环境，债券风险很高。
【在 w*****1 的大作中提到】
: 我很看好，最稳妥的bond投资了，强力推进身边所有人
|
p****a
发帖数: 4829 | 43 We had similar 利率环境 in 2001-2003. It still did very well after 2003.
【在 n******n 的大作中提到】
: 别迷信。目前利率环境，债券风险很高。
|
n******n
发帖数: 12088 | 44 那时多少国债？现在多少？
【在 p****a 的大作中提到】
: We had similar 利率环境 in 2001-2003. It still did very well after 2003.
|
p**h
发帖数: 1105 | 45 普通帐户可以买 PTTDX, 是一家的fund， 不同class， 缺点是expense ratio 高一点
， 0.46% vs 0.75%。。 偶用这个fund 在money market 存钱， 比CD的利息高。 不过
觉得 PONDX 貌似更好一些， 特别是现在的市场状况。 可能PTTRX/PTTDX 更适合2008
年的状况。
【在 h******b 的大作中提到】
: 我401k里面一半是这个。
: 但普通account很难买这个吧，得公司提供才行。
|
p***e
发帖数: 472 | 46 能具体讲讲怎么用这个fund在money market存钱么？
2008
【在 p**h 的大作中提到】
: 普通帐户可以买 PTTDX, 是一家的fund， 不同class， 缺点是expense ratio 高一点
: ， 0.46% vs 0.75%。。 偶用这个fund 在money market 存钱， 比CD的利息高。 不过
: 觉得 PONDX 貌似更好一些， 特别是现在的市场状况。 可能PTTRX/PTTDX 更适合2008
: 年的状况。
|
n******i
发帖数: 374 | 47
2008
【在 p**h 的大作中提到】
: 普通帐户可以买 PTTDX, 是一家的fund， 不同class， 缺点是expense ratio 高一点
: ， 0.46% vs 0.75%。。 偶用这个fund 在money market 存钱， 比CD的利息高。 不过
: 觉得 PONDX 貌似更好一些， 特别是现在的市场状况。 可能PTTRX/PTTDX 更适合2008
: 年的状况。
|
n***8
发帖数: 203 | 48 it seem not increase too, why good? dividend?
【在 p****a 的大作中提到】
: 好像过去25年基本没有跌过啊。
|
s**********d
发帖数: 36899 | 49 所有的bond funds都有很多利息出来。
这个10年平均收益率是6%
★ 发自iPhone App: ChineseWeb 8.6
【在 n***8 的大作中提到】
: it seem not increase too, why good? dividend?
|
n***8
发帖数: 203 | 50 6% sounds good, where to see this info?
【在 s**********d 的大作中提到】
: 所有的bond funds都有很多利息出来。
: 这个10年平均收益率是6%
:
: ★ 发自iPhone App: ChineseWeb 8.6
|
|
|
s**********d
发帖数: 36899 | 51
morningstar就可以看啊。
【在 n***8 的大作中提到】
: 6% sounds good, where to see this info?
|
s**********e
发帖数: 268 | 52 我401K就有这个fund，去年就跌了
最近利率看涨，不看好这个fund
我去年中期就减少了这个fund的比例
【在 p****a 的大作中提到】
: 好像过去25年基本没有跌过啊。
|
s********i
发帖数: 17328 | 53 前一段长期低利率，将来利率看涨，这个fund performance未来几年好不了，但所有
的bond funds都这样，要ｂｏｎｄ就留着吧，否则投stock。 |
y****i
发帖数: 778 | 54 I changed all my 401k bond fund from PTTRX to MXLMX at 2010. Since 1/1/2011
to now, MXLMX goes up 30.2% but PTTRX is only 10.8%. Multi sector bond fund
is better than normal treasury bond fund for sure.
【在 s********i 的大作中提到】
: 前一段长期低利率，将来利率看涨，这个fund performance未来几年好不了，但所有
: 的bond funds都这样，要ｂｏｎｄ就留着吧，否则投stock。
|
s********i
发帖数: 17328 | 55 ＰＴＴＲＸ和ＭＸＬＭＸ应该属于different asset class，risk不一样了。PTTRX基本
上是各国国债。MXLMX 50%corporate bonds。08-09年那会儿MXLMX和stock一样都暴跌。
2011
fund
【在 y****i 的大作中提到】
: I changed all my 401k bond fund from PTTRX to MXLMX at 2010. Since 1/1/2011
: to now, MXLMX goes up 30.2% but PTTRX is only 10.8%. Multi sector bond fund
: is better than normal treasury bond fund for sure.
|
n***8
发帖数: 203 | 56 when interest rate go up, it's not good for either bond fund or stock,
then what to choose? |
s********i
发帖数: 17328 | 57 理论上来讲，don't try to timing the market，just keep you portfolio balanced
。新钱进来买跌的多得那个。
【在 n***8 的大作中提到】
: when interest rate go up, it's not good for either bond fund or stock,
: then what to choose?
|
y****i
发帖数: 778 | 58 MXLMX dropped only 25% when S&P 500 lost 50% at 2008-2009. The 10 year
growth is also the highest.
1st one, MXLMX
2nd one, VFINX
3rd one, PTTRX.
YTD 1 Mo 1 Yr 3 Yr * 5 Yr * 10 Yr *
Growth of 10,000 10,241 10,203 10,885 12,964 21,100
22,363
Growth of 10,000 10,065 10,434 12,471 14,926 27,909
19,702
Growth of 10,000 10,186 10,081 9,973 11,413 14,268
18,002
跌。
【在 s********i 的大作中提到】
: ＰＴＴＲＸ和ＭＸＬＭＸ应该属于different asset class，risk不一样了。PTTRX基本
: 上是各国国债。MXLMX 50%corporate bonds。08-09年那会儿MXLMX和stock一样都暴跌。
:
: 2011
: fund
|
t******g
发帖数: 462 | 59 In the mid term, be careful with bond fund, risk adjusted return can be low |
s********i
发帖数: 17328 | 60 the point is not the absolute return. MXLMX is similar as stocks risk wise
while PTTRX is different. I am not saying MXLMX is bad. I am just saying it
is a different asset than PTTRX. If you want an asset class like treasury
bond, they will be pretty much similar in the next few years, which probably
won't have good returns.
100
909
【在 y****i 的大作中提到】
: MXLMX dropped only 25% when S&P 500 lost 50% at 2008-2009. The 10 year
: growth is also the highest.
: 1st one, MXLMX
: 2nd one, VFINX
: 3rd one, PTTRX.
: YTD 1 Mo 1 Yr 3 Yr * 5 Yr * 10 Yr *
: Growth of 10,000 10,241 10,203 10,885 12,964 21,100
: 22,363
: Growth of 10,000 10,065 10,434 12,471 14,926 27,909
: 19,702
|
|
|
M********r
发帖数: 278 | 61 i thought, correct me if I am wrong, both are bond funds and seek absolute
returns and can go anywhere and buy anything. Their current portfolios are
different not because of their investment mandates, but because of the
choices made by the managers. PTTRX seems to be comfortable with treasuries,
agency bonds and mortgage backed secutities, but MXLMX largely shun these
and is heavy in corporate bonds. Both Gross and Fuss are great managers.
Gross has been experiencing bad publicity right now and is dealing with
outflows. Both funds should be fine in the long run. The problem is their go
anywhere do anything style. This could be a headache for investors wishing
to have a fixed asset allocation.
it
probably
【在 s********i 的大作中提到】
: the point is not the absolute return. MXLMX is similar as stocks risk wise
: while PTTRX is different. I am not saying MXLMX is bad. I am just saying it
: is a different asset than PTTRX. If you want an asset class like treasury
: bond, they will be pretty much similar in the next few years, which probably
: won't have good returns.
:
: 100
: 909
|
y****i
发帖数: 778 | 62 CD is a good choice when the interest is high enough. I have a 7 year 5.5%
CD bought at May 2008 when the S&P 500 was 1400. If you put it in a tax
deferred account, 45% total return when it mature at 2015. S&P 500 return is
up 32% until now, need up another 10% to May 2015, for the index above 2000
just break even with my CD investment.
The problem is current CD rate is low. So individual bonds, especially 5-10
year lower investment grade municipal bond with AGM/MBIA or even AMBAC
insured since it went out bankruptcy last year, are the best bet. You can
buy tax free muni bonds in taxable accounts and individual corporate bonds
or taxable muni bonds in IRA or Roth IRA. The yield has to be high enough to
offset the interest risk, like 3-4% for tax free and 5-6% yield for taxable
now. When the interest goes up, you can buy new bonds with higher yield
like 4-5% for tax free and 6-8% for taxable. Buy short or mid term bonds now
and long term when the interest rate goes up. My question is: Are you 100%
sure the interest rate will go up?
【在 n***8 的大作中提到】
: when interest rate go up, it's not good for either bond fund or stock,
: then what to choose?
|
S**C
发帖数: 2964 | 63 Just pointing out $10,000 put into VFINX on 05/01/2008 will grow to $14,935
today with dividend reinvestment. The dividend and capital gains subject to
a far better tax treatment than interest, as a bonus.
is
2000
10
to
【在 y****i 的大作中提到】
: CD is a good choice when the interest is high enough. I have a 7 year 5.5%
: CD bought at May 2008 when the S&P 500 was 1400. If you put it in a tax
: deferred account, 45% total return when it mature at 2015. S&P 500 return is
: up 32% until now, need up another 10% to May 2015, for the index above 2000
: just break even with my CD investment.
: The problem is current CD rate is low. So individual bonds, especially 5-10
: year lower investment grade municipal bond with AGM/MBIA or even AMBAC
: insured since it went out bankruptcy last year, are the best bet. You can
: buy tax free muni bonds in taxable accounts and individual corporate bonds
: or taxable muni bonds in IRA or Roth IRA. The yield has to be high enough to
|
y****i
发帖数: 778 | 64 Before 30% up in 2013, the return is less than 20% even considering the
dividend. Stock risk is much higher than CD. 33% down in bear market can
wipe out the whole 50% gain in the bull market. We are talking about a 5
year mature bull market whose the p/e ratio is already higher than normal
because of QE. We'll see how soon this bubble will finally burst.
935
to
【在 S**C 的大作中提到】
: Just pointing out $10,000 put into VFINX on 05/01/2008 will grow to $14,935
: today with dividend reinvestment. The dividend and capital gains subject to
: a far better tax treatment than interest, as a bonus.
:
: is
: 2000
: 10
: to
|
y*c
发帖数: 904 | |
S**C
发帖数: 2964 | 66 Even at one of the most inappropriate time, that is mid-2008, to buy stocks,
the stock investment can still win against risk free assets within a market
cycle as illustrated here. Apparently, one should be cautious now, as well
as in mid-2008, when a lot more could be made if one is valuation conscious
and patient.
【在 y****i 的大作中提到】
: Before 30% up in 2013, the return is less than 20% even considering the
: dividend. Stock risk is much higher than CD. 33% down in bear market can
: wipe out the whole 50% gain in the bull market. We are talking about a 5
: year mature bull market whose the p/e ratio is already higher than normal
: because of QE. We'll see how soon this bubble will finally burst.
:
: 935
: to
|
m****a
发帖数: 2593 | 67 过去25年是利率下降时期，而现在利率正处在长期转折关头，所以要看fund在过去利率
上升期的表现如何，
【在 p****a 的大作中提到】
: 好像过去25年基本没有跌过啊。
|
S**C
发帖数: 2964 | 68 Bad publicity, what bad publicity. Bill is an a--hole? People knew it and we
also knew many if not most successful people are a--holes. There is power
struggle at the top in PIMCO? Just like XOM, MSFT, and about any sucessful
organizations? Bottomline, highly performing organizations are not church
choir, and they perform because of that.
treasuries,
go
wishing
【在 M********r 的大作中提到】
: i thought, correct me if I am wrong, both are bond funds and seek absolute
: returns and can go anywhere and buy anything. Their current portfolios are
: different not because of their investment mandates, but because of the
: choices made by the managers. PTTRX seems to be comfortable with treasuries,
: agency bonds and mortgage backed secutities, but MXLMX largely shun these
: and is heavy in corporate bonds. Both Gross and Fuss are great managers.
: Gross has been experiencing bad publicity right now and is dealing with
: outflows. Both funds should be fine in the long run. The problem is their go
: anywhere do anything style. This could be a headache for investors wishing
: to have a fixed asset allocation.
|
M********r
发帖数: 278 | 69 i agree. That's why I said PTTRX is a fine investment for investors.
we
【在 S**C 的大作中提到】
: Bad publicity, what bad publicity. Bill is an a--hole? People knew it and we
: also knew many if not most successful people are a--holes. There is power
: struggle at the top in PIMCO? Just like XOM, MSFT, and about any sucessful
: organizations? Bottomline, highly performing organizations are not church
: choir, and they perform because of that.
:
: treasuries,
: go
: wishing
|
n******i
发帖数: 374 | 70
2008
【在 p**h 的大作中提到】
: 普通帐户可以买 PTTDX, 是一家的fund， 不同class， 缺点是expense ratio 高一点
: ， 0.46% vs 0.75%。。 偶用这个fund 在money market 存钱， 比CD的利息高。 不过
: 觉得 PONDX 貌似更好一些， 特别是现在的市场状况。 可能PTTRX/PTTDX 更适合2008
: 年的状况。
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