No. of Recommendations: 3
Doubleline Total Return Bond (DBLTX), run by bond guru Jeff Grenlach, is an intermediate term bond fund paying out a monthly dividend with an annualized 8% yield. I bought into this fund a couple of months ago and so far the fund price is holding up with little change.

I am holding a lot of cash in my IRA. What is the risk in investing more money into DBLTX and using a stop order to get out if things turn south?
It seems to me that the monthly payouts are worth grabbing what with the feds promising to hold interest rates steady for a while.

Any input will be appreciated. In my 70th year I am realizing that there is a great difference between how smart I think I am and how smart I actually am.

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