After Storied Career, Bill Gross Retires
Bill Gross, manager of the Janus Henderson Global Unconstrained Bond Fund, best known for his time managing the Pacific Investment Management Co.’s Total Return Fund, has decided to...
A 2019 Survival Guy Investment Strategy
Last year Vanguard GNMA made just under one percent or 0.87% for 2018 as interest payments offset a decline in bond prices from rising...
American Municipalities Offer Less Info, More Debt
You might think that after the blunders of the recent past, public borrowers would have learned the lessons of 2008, but that would be...
Junk Bonds Get Trashed
Investors are running from junk bonds, with spreads widening to the highest levels since 2016, and junk bond funds losing suffering withdrawals of $11...
Why We Favor Laddering Bonds
Yesterday I asked readers Do You Know this about Vanguard Wellington and Wellesley Funds? I explained that we have not soured on the funds, but that...
Vanguard GNMA and a Winter of Political Polarization
Anyone who tells you politics has nothing to do with investing is simply not paying attention. In this winter of political polarization—a deep freeze—politics...
Here’s the Minimum You Should Invest in Fixed-Income
Back in May of 2002 I warned readers of the dangers of market timing, and of investing too much of their portfolio in equities....
The Last Debt Domino to Fall?
Leveraged loan investors are heading for the door. Loans have their place in investment portfolios, but as late cycle assets to hold, these are...
Are You Investing in the Armored Truck of Financial Markets?
Are your investments characterized by the flash and speed of a supercar, or the reliability and protection of a Brinks truck?
There’s nothing wrong with...
Are Catastrophe Bonds Worth the Risk?
Investors who purchased catastrophe bonds from PG&E now have the fate of their investments lying in the hands of investigators searching for the cause...