Jul. 5 at 12:32 AM
$TLT $VGIT $IGIB $BGT $BND
Nobody wants to own bonds, they’re not sexy.
Now is the best time in decades to accumulate them.
When the lost decade for stocks begins, don’t you know people will say, “I wish I would have held more bonds”.
Keep accumulating them, I see long dated yields heading higher and higher.
I don’t care what the FED does.
Oil loves high yields as well.
I got my bond sleeve built up to 24% of my portfolio recently, but took that back to 13% to get my energy positions up to 25% on this pullback.
With my miners still sitting at 52% of my portfolio, that’s the sector I will be trimming to accumulate more bond funds.
I wanted to be completely allocated properly by July, but it might take a few more months.
The bond funds I will maintain long are:
VGIT
SCHP
SGOV
I still have BGT, DLY and NUV, but will sell out of those soon.
I recently sold BND, BNDX, IGIB, KORP and TLT.
There’s a good chance I move back into BND and TLT.
I’m watching that 30 year level.