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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (106487)	12/27/2011 1:36:03 PM
From: RetiredNow	Read Replies (3) \| Respond to of 149317

I'm not too sure of that. A lot of my money is parked in DBLTX. He stays away from Treasuries and has bought up a lot of underpriced assets. I've had a great year. I've never had my money this concentrated before. However, it's the only relatively safe place I can find that also has a good yield. I have some other money in the PIMCO Total Return Fund, but that one has not performed as well. One thing I've liked about DBLTX is that it barely moves even as the stock market has gone through wild gyrations this year. In addition, it has yielded a steady 8%+ all year. Very nice. And let's face it. Do we really think US interest rates are going to go up any time soon? I believe we're going Japanese with endless QE and the Fed financing the Treasuries debt issuance, just like Japan. Therefore, if Japan is the model, we'll have rock bottom low rates as far as the eye can see, at least until Bernanke is history and a new person is hired that looks more like Volcker.