Graham the Dog's  Instablog

Graham the Dog
Send Message
I’m a bit cheap, but I’ll pay more for quality. This approach extends to my investing, which makes me what’s typically called a value investor. I’m also a research psychologist, and as such I’m used to dealing with very noisy data. Consequently, I tend to take stock data with a grain of salt.
My blog:
Graham's Investing Blog
  • US Bond Outlook - Update: Stay Away from Junk 0 comments
    May 6, 2010 3:07 PM | about stocks: HYG

    In a recent blog post, I recommended investing in high-yield bonds since they still seemed to have some capital appreciation left. The performance of high-yield bonds is similar to the performance of the stock market as a whole. You can see that in the last few days: the S&P500 is tanking, and along with it HYG, a high-yield ETF.

    So, I changed my mind. Stay out of the high-yield stuff until Mr. Market has calmed down. You might miss a bit of the run-up, but you'll still get a nice yield.



    Disclosure: no positions

    Stocks: HYG
Back To Graham the Dog's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.