- Joined
- 22 Aug 2006
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I don't find a consensus on exactly what all the rising bond yield effects will be, say in Emerging Markets and so on.
The basics are simple enough, but the nuances are important and I find them hard to follow.
The stocks/funds prices are just about all going lower at the moment. I AM selling some, even though that may be the "amateur" behaviour, of selling at the bottom. Always people say "oh but this time it's different" and it usually isn't, things come back up. So I'm holding on. Most have been going up for a long time so the "loss" is relative. I am believing this time it might be different, recession looming.
Fixed Interest and Low Risk cayegories are outrunning inflation at the moment, so for me that'll do. I can leave 100k or so to play with for day trading, and if that proves difficult, never mind. For the moment, Swing Trading works, and doesn't need daily attendance.
A case in point is TN28 which will become a better investment as/when bond yields rise. As it's tax free, that gives a vehicle running to Jan 28 at a rate which would need near 7% in a taxable fund. There are unsecured tax free bonds from the likes of Tesco, too, which probably won't default!
The basics are simple enough, but the nuances are important and I find them hard to follow.
The stocks/funds prices are just about all going lower at the moment. I AM selling some, even though that may be the "amateur" behaviour, of selling at the bottom. Always people say "oh but this time it's different" and it usually isn't, things come back up. So I'm holding on. Most have been going up for a long time so the "loss" is relative. I am believing this time it might be different, recession looming.
Fixed Interest and Low Risk cayegories are outrunning inflation at the moment, so for me that'll do. I can leave 100k or so to play with for day trading, and if that proves difficult, never mind. For the moment, Swing Trading works, and doesn't need daily attendance.
A case in point is TN28 which will become a better investment as/when bond yields rise. As it's tax free, that gives a vehicle running to Jan 28 at a rate which would need near 7% in a taxable fund. There are unsecured tax free bonds from the likes of Tesco, too, which probably won't default!
