Mongolian Christmas said:
Is this a sound "safe" investment, or am I tossing my money away? I'm thinking about 5-10% of my portfolio. And if so, which bonds do you recommend?
Thread title edit for funny people: 2024
I mean if you think interest rates are going to get cut, equities are much better. I would argue that ridiculous high real return of short term T-bills is a good reason that this high of a fed funds rate relative to inflation are not sustainable. The reason I have a lot of money in money market funds is because I am positioning myself to buy a house this year. If you need liquidity then these rates are great, but if you are young and want to make money, I'd be in equities or at least longer duration bonds.
