UnThreaded | Threaded | Whole Thread (20) | Ignore Thread Prev | Next
Author: Onfoot One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35367  
Subject: Re: High Yield Bonds Date: 9/16/2000 9:38 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
In post #905 dan2 provided a link to some charts on Value Line High Income Fund. The interesting thing to me about those charts is that, despite a pretty wild ride on the price and yield curves, the rolling dividend is remarkably stable. Same thing with the Vanguard High Yield fund.

My wife and I will be retiring in a few years and a good portion of our income will come from fixed income investments. We won't care so much about fluctuations in principle so long as the income is really "fixed." Inflation protection will come from other sources. I would worry about any sizable direct investment in below investment grade bonds but it seems to me a well rated junk bond fund would be an excellent vehicle for a high and reliable income stream.

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (20) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement