SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (132428)11/1/2001 5:02:30 PM
From: Tommaso  Read Replies (1) of 436258
 
See:

americancentury.com

I think it may be about 7.5 years right now. We'll see if the jump in longer bonds affects its value. I have a very large amount of money (for me) in BEGBX, betting against the dollar. But this interest rate thing may kick it up, too. I had been wishing the maturities were shorter, for greater safety.

Another bond/dollar play is the discounted closed-end fund FAX. I have the same amount of money in it as in BEGBX. In all, about 20% of my total net assets are in these two funds.

As you may have noticed, I got scared short-term of the euro's behavior and mostly got out of the warrants. This could turn out to have been a major mistake on my part.

I guess the trick is to get out of the bonds before the huge world-wide inflation hits. Out is the easy part. Into what is hard.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext