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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: SGJ who wrote (193929)	10/5/2023 10:56:26 AM
From: threedrives	Read Replies (1) \| Respond to of 207448

st tnote 5.7% 6 mo clipping coupons

To: SGJ who wrote (193929)	10/5/2023 11:15:12 AM
From: robert b furman	Respond to of 207448

HI SGJ, I'm half in CD's that go out into Sept and October 2024, both just above 5.55% at JPM, callable in January 2024 - They like that callable feature and pay a bit more for it. The Treasurys go out to April,August, of 2024 and November 2023l , Bought on the secondary market YTM 5.52 %. If/ when the CD's get redeemed, I'll roll into a Treasury instead of CD's. When the rates begin a decline, The treasury can be sold and snag a capital gain vs. interest income rates (If held 12 months). I'll try to buy a 13 to 15 month duration. I'm without a clue as to how long higher for longer goes, but I want to stay over 12 months but staggered so if there is an equity decline, I can be a buyer - even if on margin (which I hate to do) till a redemption hits. So far I have a max gap of 5 months in between a redemption. Enjoying the rate increases, but not interested to go past 2-3 years in duration. I'd begin thinking about a 5 years if rates offered up 6 to 7%. In the time period of 5 years, a lot of dividend Aristocrats will be paying 7 to 8 percent on a major dip. CVX paid over 10% during the pandemic - that was a deal! A deal to keep till your pushing up daisies! Bob