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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: hclasvegas   😊 😞
Number: of 84362 
Subject: Re: I am looking for ideas for fixed income. Could
Date: 12/28/23 7:45 AM
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"" I am looking for ideas for fixed income.

Could be corporate bonds, preferred bonds, closed end funds?"" good morning, I assume you posted this here in error and it was meant for the brka board? For what it's worth, I'm following the CEF space for many decades. I would NOT buy any bond type fund now after this huge rally, regardless of the discount to NAV. IF you are looking out 5 years or longer, stock based funds with generous payouts , especially in your IRA, are a much better investment. Will interest rates spike higher again in the next 5 years ? Sure seems likely to me, good luck.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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