Recent content by bovine1

At our company you have a choice. It is either direct deposit or you can have it put on a debit card they provide.

Changed the CVT fluid in our Corolla today. As usual thinking about it was worse than doing it. 75000 miles on it. It was a Hertz car so I was afraid it had been somewhat abused at times but the fluid didn't look too bad. More purple than red but not too bad. I feel better getting it done and...

I have a good many JBBB out on loan and some JAAA. No options on either.

Ya'll made me curious so I went and checked. I've still got several out on loan.

Mine were still there last week but most of mine are stocks without options.

Great the Fed can't hit inflation targets so let's just change the formula and shave off .3% in one whack. Some things never change.

I scored some Supertech full synthetic 5w30 and 0w20 5qt for $17.97 today. One of the Walmarts in our area had it. The 5w20 next to it was $25 and change. Thankfully it was a store near where my son lives. Tractor Supply here has Traveller synthetic 5w30 5qt for $19.99. I've got about a 3 year...

BINC is interesting. They own everything from AAA to below B. Top 10 holdings are Fannie Maes and Republic of Italy and Spain stuff. Morningstar has them below average risk for their category. Current yield 5.13% is good too. Again interesting.

According to Grant's the sweet spot in the bond market is selected lower rated corporates like B to BB+. I've been looking at high yield corporate CEF's today. I found four with negative z-scores and larger than 3 yr average discounts. These are also Morningstar 4 or 5's as well. Reasonable...

Not disputing any of that but why do you think the 2- 3 yr fixed yield went up so much in 1 week? The 10 yr fixed yield went up like 6bps.

For some reason 2028 and 29 maturity TIPS sold off since last Monday and fixed yields are now 2.25% ish. I don't pretend to understand this. 10 year TIPS are at 2.32% ish this morning fixed.

I took lots of risks from 1982 to 2005. Since then I stopped trading futures and selling naked options and heavy stock allocation. I still own stocks just a much smaller allocation. No one size investing fits all in my opinion. I'm happy with where I'm at. Good trading.

3-3.3% was a very good return with the inflation factor from 2010 to 2020 in my opinion. It suits my needs to a T. For an ultrasafe investment I like them. To each his own. My wife is very risk averse and I sleep well at night holding IBonds and TIPS.

I just picked up some 5 yr ones at 1.935%. I'm laddering my bonds out to 9 years. I also picked up some Deutsche Bank 5 yrs at 5.28%. I've had good success with IBonds I bought in the early 2000s. Several with fixed yields of 3-3.3%.

TIPS are popular with me. I just picked up some 7yr ones at a fixed yield of 2.078%. 9 year ones are at 2.223%. Good investing to all.