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6269751
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Overall I am a conservative investor with a diversified portfolio. As a sideline I gamble on single positions for a short-term gain. I hunt for bargains especially in Tech as that is my home turf. I do this normally (but not always) for a day trade before escaping back to cash. My specialty is... More
  • Maybe Time For The Four-Letter Word Bond In 2014 2 comments
    Jan 23, 2014 10:43 AM

    I was active in the tech sector in 2013 and made some very good returns culminating in the sale of my NFLX shares at 392 in after hours trading.

    I just checked what I call the "Alan Greenspan" portion of my portfolio. Remember when Greenspan was the most powerful financial man on the planet, during his tenure in the Federal Reserve? He had his own personal wealth in caretaker investments. He put them in vehicles where he could be nearly 100% sure the next time he looked they would still be there when he got out.

    It's not even the end of January and my bond fund has already earned .77 percent. In less than one month. Multiply that by 12 and you have nice tidy sum for a very safe investment.

    Every year cannot be a bang-up year like 2013 was. I think to continue to make a good increase on our investments, one has to think outside the box. This means leaving your comfort zone. Yes you can always make money on equities if you play a lot of complicated options games. You may come to the end of 2014 with sweat on your brow and chest heaving and eyes aching from straining at data with a decent return. But maybe there's a simpler answer all along: bonds. If I can make a nine percent profit in bonds in 2014, I'm going to take it.

    Disclosure: I am long FB, HPQ, .

    Additional disclosure: I am looking at bonds and only holding two (2) tech stocks in 2014.

    Themes: bonds
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  • outline909
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    What bond fund are you talking about?
    25 Feb 2014, 02:31 PM Reply Like
  • 6269751
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    Comments (702) | Send Message
     
    Author’s reply » Mostly I buy the bonds direct. Example, Morgan Stanley 3.8% Due 4/29/2016. The corporate BAA2 and such are doing fairly well. For funds the only one I can recommend is ProShares Ultra High Yield (UJB). UJB has amazed me earning 12.22% since I bought it in June 2013. But you have to constantly monitor UJB because they are involved with Swaps and such - you can't set it and forget it like a bond. The other bond fund I referenced above is a nameless one from my employer 401K. I think I got a little carried away by that Jan 2014 result - that's unusual for a bond fund.
    26 Feb 2014, 12:06 AM Reply Like
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