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Ep #224 - Mailbag! Should I Sell My Bond Funds That've Lost Money?

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Manage episode 406201217 series 3268443
Content provided by Grant Bledsoe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Grant Bledsoe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Welcome to another mailbag episode.

It’s not a surprise that the value of bond funds has gone down with the high interest rates in the past couple of years. But is it a good enough reason to dump your bond funds over it? In this mailbag questions episode, we discuss PIMCO Total Return Instl.., the risks of dumping your bond funds, debt payments, and more.

[03.34] Total return fund – Starting the conversation, Grant talks about the PIMCO Total Return Instl. and its status in recent years.

[07.21] Bond funds – Things to consider about bond funds.

[14.00] Risks – Grant explains why it’s not a good idea to dump your bond funds just because they had a bad couple of years.

[20.00] Paying off debts– Grant explains why it’s not a good idea to take out all your bond funds and pay off your debts.

[30.40] Great Depression – Grant tells a story about one of his clients and explains why taking out money and paying off debts can work for some people.

Resources

SEC 30-Day Yield Definition, Formula, Calculation, Example

investopedia.com/terms/s/secyield.asp

morningstar.com/funds/xnas/pttrx/quote

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 406201217 series 3268443
Content provided by Grant Bledsoe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Grant Bledsoe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Welcome to another mailbag episode.

It’s not a surprise that the value of bond funds has gone down with the high interest rates in the past couple of years. But is it a good enough reason to dump your bond funds over it? In this mailbag questions episode, we discuss PIMCO Total Return Instl.., the risks of dumping your bond funds, debt payments, and more.

[03.34] Total return fund – Starting the conversation, Grant talks about the PIMCO Total Return Instl. and its status in recent years.

[07.21] Bond funds – Things to consider about bond funds.

[14.00] Risks – Grant explains why it’s not a good idea to dump your bond funds just because they had a bad couple of years.

[20.00] Paying off debts– Grant explains why it’s not a good idea to take out all your bond funds and pay off your debts.

[30.40] Great Depression – Grant tells a story about one of his clients and explains why taking out money and paying off debts can work for some people.

Resources

SEC 30-Day Yield Definition, Formula, Calculation, Example

investopedia.com/terms/s/secyield.asp

morningstar.com/funds/xnas/pttrx/quote

  continue reading

100 episodes

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