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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 339.08+1.2%Jan 21 4:00 PM EST

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To: Investor2 who wrote (5414)7/18/2010 6:17:06 AM
From: marc ultra3 Recommendations  Read Replies (1) of 10065
 
I just looked back and it was in the $10.50's at the March lows when the flight to quality should have been maximal. Also I think you have to add 7 cents to the current NAV as I believe Bob mentioned based on the end of year capital gains distribution.

So we're talking about a price that's like $11.11 and a fund up over 5% year to date with a puny 2.82% yield now as of Bob's latest calculation in the Fixed income advisor.

So while I wouldn't compare it with tulip bulbs it's starting to walk and quack like a duck and you're really betting on a serious double dip or close to it or more severe shocks just to hope the NAV stays close to where it is today.

It's not going to be the worst bond fund people overstay their welcome in but it sure doesn't look attractive to me if I was looking for a place to put new fixed money. Someone sitting in it due to inertia should at least be cognizant of these issues while congratulating themselves for having hit a home run.
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