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Post by chang on Sept 21, 2021 12:01:56 GMT
Munis are trending down (last 2-3 months). Anything to worry about? Still just a blip in the LT (highly successful) picture, but a benign blip or a malignant blip is the question.
I still see spending and taxes going up, so munis make sense to me.
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Post by Chahta on Sept 21, 2021 14:21:06 GMT
Seasonal. Go here and put in your ticker: link
I sold in my IRA but held in my taxable. If I sell tax-free interest goes to CG. I would rather buy more cheap shares. |
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Post by rhythmmethod on Sept 22, 2021 11:43:25 GMT
Seasonal. Go here and put in your ticker: link
I sold in my IRA but held in my taxable. If I sell tax-free interest goes to CG. I would rather buy more cheap shares. You hold munis in your IRA? |
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Post by Chahta on Sept 22, 2021 12:09:13 GMT
It was a CG play. Made 8.5% annualized (only held for 7 months). Once distributions are reinvested they are CGs anyway. If I sold in my taxable I would owe STCG tax. Any other bond OEFs making that?  |
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galeno
Commander
KISS & STC
Posts: 221
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Post by galeno on Sept 22, 2021 22:25:13 GMT
As USD inflation worsens all financial assets will get hammered. Especially nominal bonds and cash. 50% of our port.
We're NOT looking forward to watching our FI ballast (90% TWBM + 10% USD CASH) turn into a huge anchor.
TWBM holds 42% USD.
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Post by steelpony10 on Sept 22, 2021 22:53:47 GMT
As USD inflation worsens all financial assets will get hammered. Especially nominal bonds and cash. 50% of our port. We're NOT looking forward to watching our FI ballast (90% TWBM + 10% USD CASH) turn into a huge anchor. TWBM holds 42% USD. What inflation worsening? I just saw the Fed may start raising rates next year in anticipation of inflation as the U.S. continues it’s economic recovery. The Fed is predicting a 2.3% average inflation rate the next two years which is below the historical average still. So maybe not “hammered” but adjusted to the present reality. Of course I was around for stagflation of which “hammered” would fit. So wait and see what actually happens. Follow the money. If it isn’t in stocks, bonds or cash where will it go? You’ll see and can adjust if you want to. |
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Post by FD1000 on Sept 23, 2021 12:48:53 GMT
I sold all my Munis (huge %) at the end of July because Munis usually don't do well in August-October. Munis used to lag in September, but sometimes it starts in August. The funds I switched to are up. I'm just waiting for an uptrend to buy again. I have owned Munis in IRAs for years. See: MMHAX(Munis) vs DPFNX(Multi). I don't own any of them. First attachment is from 2021, second 2020. Attachments:
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