Jan. 21 at 12:12 AM
$FBND $SCHO $IGIB $NUV $ARDC
I’ve narrowed down my bond fund list.
I’m going to pick 4-5 of these to add to my existing positions in the sector.
Current positions.
BGT, DLY, KORP, TLT, SCHP and NMCO.
I’m leaning towards adding these;
ARDC which is a credit fund.
MMIN or NUV for another Muni fund with tax exempt federal taxes.
SHV for a place to park cash and it not be completely dead.
FBND - a mix of Government/Corp/securitized
That would give me 10 bond funds.
I won’t DRIP these funds.
As the dividends/distributions pay monthly, I will place the money in the areas I think are the most undervalued. Or I could open new positions?
My plan is still about 25% allocation for now.
I could move to 30+% later this year?
10 years of compounding is my plan.
I’m 50 now and preparing for 60.
More to follow. 👍
