![]() ![]() When we pull advisors, we find that 50% of them are holding a duration shorter than the average benchmark, the Bloomberg aggregate, and about only 17% are holding longer than that duration. Everybody understands that about duration. Particularly on a day like today where, you know, most of us think we're heading into another rate hike, you don't want to be long, in the 20 on a day that the rate hikes' coming in. So the flip side of that barbell, if you will, of trying to be a little bit safe with your equity is trying to manage your duration correctly. OK, we were talking about stocks there, what about bonds? Anything interesting happening in bonds that you like, any opportunities? One of the- one of the themes I've heard over the last two years, which seems to have worked in a lot of different markets is quality of the balance sheet. So it's been a really interesting way to be in the market, but not be in there with 23 PE and no dividends coming out the other side. Over the last 3 years, it's up 90% versus the S&P being up about 50% and over the last 2, 3, 5 years, it's beaten both the S&P and traditional value plays. ![]() It owns 100 securities out of the Russell 1000 top 1,000 securities in the US focused on those with the highest free cash flow. The big player in the space is COWZ from Pacer, that's the ticker C-O-W-Z for Cash Cow if you like that. ![]() This is a metric that's been used as a proxy for value, if you will, for quite some time, and frankly, it's really worked for investors over the last 2, 3, 5 years. That is looking at the cash flows of companies and looking at those companies that have an excess of free cash flow, whether or not that's turning into dividends or not. For that latter thing, what we're hearing a lot from advisors about is cash flow investing. You will be notified when we have further questions about your account.DAVE NADIG: Well, we've had a lot of folks talk about barbell, and you had a guest on just recently talking about trying to stay safe with the risk-free rate with treasuries, but then sort of look out into those corners of the market where you might be able to get some outsized returns, find real value that's not overvalued. We will process the incoming copies of your ID document first come, first serve. If you use a courier service, please use the phone number +700 with your shipment. Please always include your Bitsafe IBAN with this shipment. You need to send the paper version of the copy of your ID document, including the necessary wet ink stamps and/or signatures, to the following address: You need to make a PDF version of this copy of your ID document and send it to always include your Bitsafe IBAN with this email. ![]() For most jurisdictions we do not need an apostille with the copy of your ID document The copy of your ID document will need to bear the necessary wet ink stamps and/or signatures. Depending on the country Bitsafe accepts copies of your ID document made by a selection of courts. This should be the issuing authority of your ID document ĭ. This should be an independent legal professional recognized by a national bar association Ĭ. This should be a civil law notary or a notary public ī. You need to make a copy of your ID document with either aĪ. Your ID document should be valid for at least 3 more months. If you are unable to identify yourself with the Bitsafe App it is also possible to get your verification done with a certifified of your identification document. How does the identification process work with a Bitsafe talent account? Please refer to the following instructions: The easiest way to do this is using the Bitsafe App. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |