08-01-2021, 08:40 AM
(08-01-2021, 08:11 AM)fenders53 Wrote:(08-01-2021, 07:50 AM)rayray Wrote:I have always thought a mix would be best when retired. I also thought bonds would be a significant part of my port but that doesn't look wise at this time. I am going to mix my strategies. That is never a terrible idea IMO. The one thing I am sure of is I am sure of nothing over a period five years or less. I will check out that site.(08-01-2021, 06:23 AM)fenders53 Wrote: Preferreds and bonds in general have been discussed very little here. Most of the active posters here are in their accumulation phase so commons seem more attractive to them for the CAP appreciation potential. The closer I get to full retirement, the more I want to educate myself. Low interest rates are going to put a lot of pressure on higher yielding funds. Some due diligence will be required to ensure I don't enter at the worst possible time. My one remaining preferred fund has run up to a point where I am uneasy buying new shares.
i have a couple of friends that have done well investing in preferreds, one has been doing it since 2004 with good results.
that site mentioned quantumonline is really good, you have to register but it's free--it's been a while since i checked it out but like ya said most of us are in the accumulation phase
being 50 at the moment i'm not sure i'll ever be out of the accumulation phase--it might be a mix of growth and value stocks whether they pay a divi or not for perpetuity
it's an interesting site--set some time aside cause you'll be on it for hours, there's a lot of info to digest.
i dumped all bonds/bond funds back in 2013/14 and never looked back
until times change i don't see getting back into bonds/CD's any time soon--maybe not in our lifetimes buddy