tag:blogger.com,1999:blog-6533494677366906459.post2998508581785399008..comments2023-05-14T13:16:00.415+01:00Comments on DIY Income Investor : Portfolio Buy: Provident Financial 7% 2020Sisyphushttp://www.blogger.com/profile/11345967558482194349noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6533494677366906459.post-73578113444999105162012-10-07T19:29:36.340+01:002012-10-07T19:29:36.340+01:00Chasing the trend too late, I think.
I own 10k of...Chasing the trend too late, I think.<br /><br />I own 10k of these and bought them at par when they were issued just a couple of months back. I chose to do that on the strength of a tip from the best source of data about UK retail bonds, Fixed Income Investor http://www.fixedincomeinvestor.co.uk/x/analysis.html<br /><br />Now, they think the market in high income bonds is overheated, best to keep your money for the next market setback. I agree with that too. <br /><br />For a relatively short life bond like these 2020s, timing a market entry and exit is important. I think you are being too much of a trend follower here. Hang on to the money and wait for the next crisis : one hasn't been far away for the last few years, has it now?TulipCrazehttps://www.blogger.com/profile/03279994663890333870noreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-29965849047907269932012-10-06T09:08:55.887+01:002012-10-06T09:08:55.887+01:00"Times are getting harder for income investor..."Times are getting harder for income investors with cash to re-invest."<br /><br />Or an alternative interpretation -- we were spoiled before. ;)Monevatorhttp://monevator.comnoreply@blogger.com