Skip to main content
No. of Recommendations: 1
"Phantom bonds" cannot be bought or sold, so they cannot be used for rebalancing one's portfolio. (I can't sell 5% of my pension because the phantom bonds are over-represented by my asset allocation plan.) <P>

Isn't this the equivalent of saying "too much income is a bad thing"? Of course the phantom bonds cant be bought or sold, however the other assets can be adjusted around the income strream. If the income stream is too high, I just don't have enough money to buy sufficient equities. This is not necessarily a bad thing.

the pension and SS end up noninheritable <P>

All the more reason to put the controllable part of a portfolio into assets with a higher historical return.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.