Saturday, April 28

Investments Gone Wild!


Money market fund yields have gone up to 1.4% per annum and bond fund yields are hovering at 2.85% per annum. Unfortunately, a higher bond yield lowers the per share net asset value (NAV). At present, the loss incurred by lower bond fund NAV was offset by rising money market yields. Money market NAV is always $1 per share. The net loss/gain is zero as of this post.

Addendum: Portfolio has no equity funds at this time. There are no plans to invest in equity funds until the rigged stock market collapses.

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