Bonds, prefs, liquidity, yield...
Posted: March 13th, 2021, 8:13 pm
Hi
So I participated resulting in great personal benefit in the motley fool readers 2009 preference share heist.
Then I lost most of it in the oil market....
Now, over ten years later, I’m looking to place my entire portfolio in securities I don’t have to worry about (too much). I’m looking at retiring in 10 years, so I need to build up some more capital and find an income stream thereafter..
Looking at my old favourites, av, llpc, nwbd - they are certainly a lot more expensive now and there has been some talk of calls etc. on the first two. At this point I could not stomach never mind recover from a par call.
So I turned my attention to bonds, and never having traded any I wonder if anyone can help who has experience of the liquidity of ftse isses, abynof the familiar names for example. There are some maturing in 10 years and others in 40, how difficult is it to sell these if I change my strategy? Is getting stuck with something likely? Can you just lower your ask to get them sold?
Would a bond fund or pref fund be a better bet? Any suggestions?
Does anyone have any suggestions for bonds or prefs that they think represent good value just now?
Could anyone share their diversification strategies, how many/percentage do you feel comfortable running with?
I am hoping to end up with a yield in the 3.5-6% range. I appreciate this is higher than many are paying just now..
So I participated resulting in great personal benefit in the motley fool readers 2009 preference share heist.
Then I lost most of it in the oil market....
Now, over ten years later, I’m looking to place my entire portfolio in securities I don’t have to worry about (too much). I’m looking at retiring in 10 years, so I need to build up some more capital and find an income stream thereafter..
Looking at my old favourites, av, llpc, nwbd - they are certainly a lot more expensive now and there has been some talk of calls etc. on the first two. At this point I could not stomach never mind recover from a par call.
So I turned my attention to bonds, and never having traded any I wonder if anyone can help who has experience of the liquidity of ftse isses, abynof the familiar names for example. There are some maturing in 10 years and others in 40, how difficult is it to sell these if I change my strategy? Is getting stuck with something likely? Can you just lower your ask to get them sold?
Would a bond fund or pref fund be a better bet? Any suggestions?
Does anyone have any suggestions for bonds or prefs that they think represent good value just now?
Could anyone share their diversification strategies, how many/percentage do you feel comfortable running with?
I am hoping to end up with a yield in the 3.5-6% range. I appreciate this is higher than many are paying just now..