Those are corporate long bonds. Apple 2045 bonds was just a tad above 6% a couple months ago, dont know now. Also the m-reits i think they passed 7%, but these have the risk of loosing principal if theres a refi comeback. I allways was a at&t and verizon long bonds investor, but since the short rate is so high i never bought more again
He talks a great deal about "clipping the 6% yield on commercial paper, high yield, and agency mortgages." What difference does it make to the average investor, from a tax perspective? The 10-year Treasury bond (as well as the front end of the curve) at 500 bps doesn't differ much from the credit described above, on the basis of the net returns (net of taxes). Those who got to lock in the 10-year Treasury bond at 500 bps are going to do remarkably well in the next 10 years; they got to lock in real risk-free returns, net of state taxes.
Rick's one of the best people to listen to about investing. Great episode.
Excellent discussion! 👏
What do you think that 75% of your peers think is crazy...great question and great answer!
Where do you get 6.5% interest bonds? Where?
You need a trading search screen there are depressed bonds that mature between 3-5 years from now.
He said "six, six and a half". Which part is the truth and which is the extra padding? 😂
Those are corporate long bonds. Apple 2045 bonds was just a tad above 6% a couple months ago, dont know now. Also the m-reits i think they passed 7%, but these have the risk of loosing principal if theres a refi comeback. I allways was a at&t and verizon long bonds investor, but since the short rate is so high i never bought more again
I'm guessing Corporates.
Japan has been a disappointment for decades. The currency may be a better bet as it is supposedly due for significant appreciation against the dollar.
As far as the US debt it is the US govt vs compound interest.Which will win? I’m going with compound interest.
He talks a great deal about "clipping the 6% yield on commercial paper, high yield, and agency mortgages."
What difference does it make to the average investor, from a tax perspective?
The 10-year Treasury bond (as well as the front end of the curve) at 500 bps doesn't differ much from the credit described above, on the basis of the net returns (net of taxes).
Those who got to lock in the 10-year Treasury bond at 500 bps are going to do remarkably well in the next 10 years; they got to lock in real risk-free returns, net of state taxes.
Great outside the box questions.