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American Capital Agency Corp. Message Board

  • dr_klumps dr_klumps Jul 12, 2013 1:07 PM Flag

    The President shifted into Short Treasuries in May 2013

    Obama put most of his money into short treasuries according to the Executive Branch Pers. Public Financial Disclosur he signed and released on 5/14/2013. Mind you, he mentioned this in February and March in speaches, but officially disclosed it on May 14, 2013. Shortly there after TBT was at 60 and rose to 63, this ultra short treasury was stagnant, then it popped 3-5 points after his disclosure. SEE THE SIGNIFICANCE. Here is a excerpt of a reporters article on his shift into very very low yield bonds and treasuries, what was significant is he went short term maturities for the first time in years, the yields were .05% like. What sense was that when you could have got over 2% in a 30 yr. MBS. Apparently, it was pretty shrewd, although only a very few people spotted. I mentioned it here on this board, hopefully you rode with Pres. Obama on this one, we made money like a Congressman on this trade.

    Next, on to your retirement strategy. While I applaud your focus on the S&P index fund, I am a bit shocked to see such a huge portion of your portfolio in U.S. Treasuries.
    You're getting gray, sure, but you have enough years left that you don't have to be wholly in capital preservation mode just yet. Yes, U.S. government debt remains the safe haven of the world, but you missed out on quite a rally in the stock market by accepting low returns with these low-risk investments.
    Specifically, your single biggest position in your disclosure is $1 million to $5 million in Treasuries. Sure, it generated $5,001 to $15,000 in income last year — but the stock market is up handsomely. Simply rotating some of that cash into your Vanguard fund would have netted a much bigger gain.
    Anyway, I don't mean to harp. On the whole, I am very impressed with your financial planning here.
    One other great item in your disclosure worth noting is your participation in 529 savings plans for your kids — the equivalent of an IRA that is earmarked for college. It is a great move for any parent wit

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    • Evidently the prez does not feel confident betting on the economy. He rather lose money instead.

    • Hey, President Obama: Tips for your stock portfolio
      Jeff Reeves, Special to USA TODAY 8:48 p.m. EDT May 15, 2013According to his financial disclosures, President Barack Obama's book royalties are impressive.(Photo: Pablo Martinez Monsivais, AP)

      Story Highlights
      Law requires high-level federal officials to publicly disclose their personal financial interests
      President released tax returns earlier in the year
      On the whole, impressive financial planning

      The White House just released President Obama's financial disclosures May 15, highlighting what he is worth and where he puts his money. If I could be so bold, I'd like to offer some financial advice to our Commander in Chief on how he could command a little bit better results from his investment portfolio and personal finances.

19.08-0.09(-0.47%)May 24 4:00 PMEDT