as for an “actual insight” get the feeling that you might have CA bond fund misgivings or perhaps even “buyer’s remorse”
but what do I know
[quote=flu]
June 18, 2016 – 12:24pm.
I have the vanguard intermediate term ca fund for a few years. Its alright. I personally wouldnt do the long term one. But what do I know.
July 15, 2016 – 7:46am.
what ends up happening is one end up spending a lot more time trying to rationalize the decision
[/quote][/quote]
I don’t know why you would jump to that conclusion. CA bonds serve the very purpose I bought them for. A consistent return that is higher than a 1-2% CD, which for practical purposes can be liquidated within 24 hours., no more than 5% of my total net worth, the other 5% being non-CA bonds….Which is considerably less than the 25% cash position I hold right now, and about the same as a 5% holding I have on metals. The remaining 60% is evenly split between stocks/index funds and paid of rental properties. It’s served it’s purpose these past few years just fine. Sure better than that 1%CD.
If I have any remorse, it’s selling ARM Holdings 1 week too early before the Softbank acquistion. That cost me around $40k.
[quote]
sure looks like an un-appreciated trend that indicates its only a matter of when TSHTF WRT the muni “bond” funds sector,… so I’d suggest caution as per specific OP query (i.e. What does everyone think of municipal bond funds?… Any thoughts would be appreciated.)
PS WRT “actual insight”
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Just curious, did you even both to look at the fund to see what the majority of the holdings of that fund is? Because the articles you quote and what the fund contains just seem, well never mind, you can do your own due diligence, or not, in your case.
