Although there is less interest rate risk in purchasing short-term bonds/bond funds, the returns on those investments do not keep pace with inflation, so I don’t maintain a very high percentage of short-term bonds in my bond portfolio except when I know I will be using those funds for immediate expenses. In many of my articles I have recommended a balanced portfolio, consisting of both common stocks and bonds, especially in or near retirement. In retirement, I have maintained a 50-50 ratio of stocks to bonds, in order to avoid significant fall in portfolio value during a bear market in stocks. Bond investors have many options. When the Federal Reserve raises interest rates, frequently the value of long-term bonds will fall significantly. At such times, I adjust my portfolio so that a significant part of my bonds is not long-term , but in intermediate- and short-term . I prefer investing in mutual funds or exchange-traded funds (ETFs) rather than individual bonds. That way, I … [Read more...] about Pros and cons of short-term bonds
Short term investing
The Switch Data Sector houses rows of multicabinet heat containment chimney pods that channel computer generated heat up and out of the data center at the Switch Core Campus in Las Vegas on Monday, Jan. 15, 2018. (Michael Quine/Las Vegas Review-Journal) @Vegas88s Las Vegas data center services company Switch has seen its stock fall about 26 percent since it missed earnings expectations Monday and about 37 percent since going public in October. The stock went from $14.32 a share Monday morning to $10.66 Wednesday morning. Switch had raised about $530 million from its October initial public offering, $17 a share. The company’s performance has some on Wall Street questioning the short-term investment value of the company. In the company’s second quarter earnings call Monday, Switch President Thomas Morton blamed the earnings miss on a delay in pay from Switch customers because it is taking longer than expected to move clients onto Switch services. Some clients need help with … [Read more...] about Wall Street questioning short-term investment value of Switch
Why do you invest? If you’re like most people, you’d probably say that, among other things, you want to retire comfortably. Obviously, that’s a worthy long-term goal, requiring long-term investing. But as you journey through life, you’ll also have short-term goals, such as buying a second home, remodeling your kitchen or taking a much-needed vacation. Will you need to invest differently for these goals than you would for the long-term ones? To answer that question, let’s first look at how you might invest to achieve your longer-term goals. For these goals, the key investment ingredient is growth – quite simply, you want your money to grow as much as possible over time. Consequently, you will likely want a good percentage of growth-oriented vehicles, such as stocks and other stock-based investments, to fund your 401(k), IRA or other accounts. However, the flip side of growth is risk. Stocks and stock-based investments will always fluctuate in … [Read more...] about How can you meet your short-term goals?
click to enlarge Less than a week before her inauguration, Mayor-elect LaToya Cantrell and her transition team released an extensive 135-page report outlining the team’s recommendations for Cantrell’s administration as it prepares to enter City Hall. Among those recommendations is to come up with a plan for the Sewerage & Water Board to purchase power to run its pumps, rather than rely on the Carrollton plant and network of generators. That plan, assembled by her Forward Together New Orleans transition team, would shift the S&WB pumps from power generation to power purchasing, which Cantrell says could save the city millions of dollars annually. The team also recommended drawing a line between the S&WB and the Department of Public Works — S&WB would be responsible for drainage projects, while DPW would only take on paving and above-ground projects. An appointed "infrastructure deputy" would oversee communication between departments. "The … [Read more...] about S&WB plans, short-term rentals and housing, new positions, public works projects outlined in Cantrell plan
Hundreds of Santa Fe residents volunteered to develop short-term policy plans for new Mayor Alan Webber as part of the his transition to office. More than 120 people have now been assembled into eight advisory groups.Among them are start-up executives, nonprofit directors, activists, current and former elected officials and the school superintendent.The groups are tasked with compiling “focused, targeted, short-term action items for implementation in the next 6-12 months,” according to a letter Webber sent earlier this month to leaders of the groups.In short, what they’re working on could reach City Hall in the near future, as the Webber administration charts a policy path in key areas such as job growth, housing availability and public safety.The groups are “advancing sustainability,” “advancing affordable housing and livable neighborhoods,” “catalyzing jobs,” “delivering public safety,” “planning financial … [Read more...] about 120 people in 8 groups helping Mayor Webber form short-term policy