Dividend-News

Daily dividend news for investors in dividend stocks


The Young Person's Defined Liability Portfolio: Funding My Air Conditioner With High Yield Defined Maturity ETFs

Published Fri, 09 Nov 2018 09:28:19 -0500 on Seeking Alpha

Editor's note: Seeking Alpha is proud to welcome Ingenuous Diogenes Investing as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more »
Short-Term Goals on the Way to Long-Term Success I recently had my air conditioning system inspected. As the technician and I stood atop my roof regarding my condenser, he took on the aspect of a veterinarian examining a beloved pet whose future he knows to be certain and short. "I think you've got one, maybe two summers left in it … one day, it's just going to go," he said gently, and then in a more businesslike tone, "At which point we can get you a replacement."
Surveying the condenser for a moment and accepting its approaching mortality, I asked how much the replacement might cost. The answer made me wince, and I knew I had to make some tweaks to my portfolio.
When we think of defined liabilities, we usually think of retirement. From fresh hires getting their first 401(k)s to municipalities struggling under the weight of pension obligations, retirement is the distant goal we spend serious time contemplating and planning for, in the hopes that our portfolio can eventually support the transition.
But in the meantime, life beckons! Those of us in our 20s and 30s certainly hope to retire one day, but in the preceding decades there are... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF 34.70   0.0 0.00 1.97 5.72
ISHARES IBOXX $ HIGH YIELD CORPORATE BOND FUND 83.31   0.0 0.00 4.47 5.39

SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF - JNK
SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF - JNK  


Older articles featuring Spdr Barclays Capital High Yield Bond Etf (JNK):
Easy 9.1% Yield From Solar Senior Capital Plus Upcoming Rally
Last Week Treasury Yields Declined, Utilities Rallied And Junk Bonds Remained Vulnerable
4 Things You Should Know About High-Yield Bonds
Will Rates/Yields Peak Soon?
PM Perspectives: Our Positive Prognosis For High Yield
Treasury Yields And Utilities Stabilized As Junk Bonds Decline
Gundlach: U.S. High Yield Spread Heading Into Recession
Treasury Yields Are Rising, Utilities Are Stable On Dividends, And Junk Bonds Remain Vulnerable
Cash, Bonds, Rates And Yields Are All Still Sending Nervous Signals
U.S. Treasury Yields Rise, Utilities Slip And Junk Bonds Set 2018 Low

More