Has anyone here read this book?
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The Only Guide to a Winning Bond Strategy You’ll Ever Need: The Way Smart Money Preserves Wealth Today
By Larry Swedroe and Joeseph Hempen
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Any thoughts?
Let me guess… Are they professors in your finance dept at the local community college, and you admire them because they wrote this book, have tenure over you, and date all the hot college seniors???
[quote=blarmston]Let me guess… Are they professors in your finance
dept at the local community college, and you admire them because
they wrote this book, have tenure over you, and date all the hot
college seniors???[/quote]
Blarm, stop projecting your insecurities.
Blarm, stop projecting your insecurities.
I am just jealous of that great defined benefit pension you must have... And rest assured, I am fairly secure in all that I do...
[quote=AllREIT]The Only Guide to a Winning Bond Strategy You'll Ever Need: The Way Smart Money Preserves Wealth Today
By Larry Swedroe and Joeseph Hempen
-----
Any thoughts?
[/quote]
Nobody understands bonds. But read the book, then put half of your client's bond money in FSTAX in the wrap account at 1% for accounts under 1m, and the other half in bond ETFs. Oh that's right you can't, 'cause you can't use managed funds or get trails 'cause it's immoral.
[quote=GolFA]
[quote=AllREIT]The Only Guide to a Winning Bond Strategy You’ll Ever Need: The Way Smart Money Preserves Wealth Today
By Larry Swedroe and Joeseph Hempen
-----
Any thoughts?
[/quote]
Nobody understands bonds. But read the book, then put half of your client's bond money in FSTAX in the wrap account at 1% for accounts under 1m, and the other half in bond ETFs. Oh that's right you can't, 'cause you can't use managed funds or get trails 'cause it's immoral.
[/quote]GolFA, stop projecting your insecurities.
I have not read the book, but this is definitely the fastest disintegration of a thread I’ve ever seen.
[quote=AllREIT] [quote=GolFA]
[quote=AllREIT]The Only Guide to a Winning Bond Strategy You'll Ever Need: The Way Smart Money Preserves Wealth Today
By Larry Swedroe and Joeseph Hempen
-----
Any thoughts?
[/quote]
Nobody understands bonds. But read the book, then put half of your client's bond money in FSTAX in the wrap account at 1% for accounts under 1m, and the other half in bond ETFs. Oh that's right you can't, 'cause you can't use managed funds or get trails 'cause it's immoral.
[/quote]
GolFA, stop projecting your insecurities.
[/quote]
Nice try, actually I am projecting securities. Nobody understands might be a joke, but there is some truth. This reminds me of economics study - after taking the core courses and a few upper level courses, it gets really geeky and boring, but there are a few guys who take it to the MA or Phd level, and beat it to death (or get a really cushy job with the World Bank).
You know you can't "beat" putting half the bond money in diversified managed bond fund and the other half in various bond ETFs (TIPS, etc.). Face it, diminishing returns. If you want to take it to the next level or add value, go write another bond book and enjoy the social interactions at the book signing.
[quote=AllREIT]The Only Guide to a Winning Bond Strategy You'll Ever Need: The Way Smart Money Preserves Wealth Today
By Larry Swedroe and Joeseph Hempen
-----
Any thoughts?
[/quote]
Right up your alley.....
Editorial Reviews
Awkwardly organized and unduly complicated, this book provides a recitation of everything Swedroe and Hempen—co-principals of Buckingham Asset Management—know about bonds, which is a lot. The problem is that their book isn't pitched to a specific enough audience. Sophisticated investors may not mind the authors' heavy reliance on bondspeak and analytical jargon, but they will wonder why so many pages are devoted to explaining Series EE Savings Bonds. And novices will appreciate the extensive glossary, but they'll be frustrated by the book's lack of explanatory diagrams and its tendency to talk about concepts before properly introducing or defining them. The actual strategy discussion alluded to in the title is addressed only in the book's 25-page, penultimate chapter, where Swedroe and Hempen explain how to use standard techniques like laddering to construct a fixed-income portfolio. If only the preceding 10 chapters had been as succinctly written. (Mar.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
You've been violating the No Idiot Rule for some time now. Here's your sign...
You add nothing to this forum...go to Idiots Online where you at least have a fighting chance.
[quote=fighnancy]
Has anyone read: The No Asshole Rule?
Obviously no one here.
[/quote]So if you are aware of the rule why don't YOU follow it?
Oh that's right rules don't apply to you and you're not accountable for anything.
I'm starting to believe that Bobby Hull has had the right idea from the get go.