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.
Technology Stocks : A Bob Brinker Fan and Critic Club
QQQ 621.26-0.1%Jan 16 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Investor2 who wrote (28)12/16/2008 7:40:19 PM
From: Kirk ©Read Replies (1) of 123
 
VWEAX I've read Brinker recommended Vanguard's High-Yield/Junk Bond fund VWEAX for his fixed income advisor portfolios. Even with today's market rally, that fund is down 28% YTD!

See the article "High Yield Fixed Income Investmets - Beware the Hype and Allure" for reasons I don't like that fund.

The nutshell summary is I much prefer to take my market risk with equities in both my core and my explore portfolios. Recommending it for a 100% fixed income portfolio doesn't make sense to me because people who want that type of "fixed income only" portfolio do not want stock market risk/volatility. IF they could accept higher portfolio volatility, then they would do far better in the S&P500 or Wilshire 5000 over the long term.

What do you think?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext