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Weekly Finance Thread

A weekly thread to discuss financial matters - from personal all the way up to global.

Ground Rules

  • Remember that we're all just Internet randos. Don't bet your life savings on a hot tip from this thread.
  • Keep culture war in the culture war thread. Yes, global events may impact our personal finances, but that does not mean we have to incessantly harp on culture war aspects here. If you are going to discuss it, please stick to the practical impacts of it on an individual level.
  • Be kind. Remember that everyone here comes from different circumstances. We all have different resources available and different risk tolerances.
  • Don't let the perfect be the enemy of the good. Better is better. Celebrate people when they take a step up and work to move their finances in the right direction. Don't flame out because they haven't followed what you consider the optimal path. Everybody has to start somewhere.
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I bought 5%. Not sure how long I will stay in it. I owned no bonds before. I could see 6-7% being a better entry. Unlike other FI they also provide a great hedge to equities. Trump will probably keep the economy stimulated enough to prevent a deflationary shock but if it did occur 5% 30’s would provide nice capital gains if stocks crashed. 2% yield on TIPs is also nice. Less of a hedge but the real yield would also likely fall in a stock crash.