since tampering is at latest starting first quarter 2014. This is why we see bond rates going up recently already? is PTTRX well prepared for this already? Can we simply trust Bill will or already done the neccessary steps for this? I am thinking to dump all and go all cash, good idea?
Thank you for selling as we need to shake out the folks that think this is a short term investment. Good luck waiting on the interest rate increase as it will be awhile. Meanwhile I'll be collecting my DIVI.
Another fund to consider that merges stocks, bonds, cash in a moderate allocation package.....I have some of this now and plan to purchase a good bit more. Let these capable managers come up with the right mix: BUFBX.
ah duh...Cant believe some dont see the writing on the wall. Just the scare of needed increase in interest rates is killing bond funds. Just wait till benernekobama actually stops printing artificial money!
I love Bill Gross but the party is way over for awhile...sold 110K at 11.11...so glad I did...will get back in when its done taking a beating...not worth the 300/month income when I would have lost 10's of thousands
Just received a Kiplinger email entitled Stay The Course During Market Volitility.Says at end....
'So stay with the asset mix that makes sense for you — stocks, bonds, real estate and so on, as appropriate for your age, wealth and tolerance for risk. If loading up on stocks fits with that mix, a further correction is a buying opportunity. Otherwise, pay little heed to the active traders and keep your eye on the longer horizon.'
....and so I have said in so many words.
so I look up the charts for the 10 years treasury, 3.5% is more a normal yield if QE is reduced to half to $40B amonth. I will stay sideline till yield hits 3.5%, or FED announces it will continue its $80B couple more years.