…1-3 Year Treasury Bond ETF (SHY) or the SPDR Portfolio Short Term Corporate Bond ETF (SPSB). Of these, SHY is more conservative because it is wholly Treasury bonds, but SPSB is well diversified with good credit quality and higher yield. Either one is a good parking place for that cash…

…pay attention to the vol market is because it is very crowded on the short side. I actually said in a recent speech that the vol market is the one thing that keeps me up at night, the one thing that has the ability to “break” the market. The VIX…

…Consumer Staples Select Sector ETF (XLP) Page 7 Portfolio Review Page 10 By Patrick Watson Mutual funds were a big deal when I first entered the financial business. They weren’t a new invention (I’m not that old), but they were gaining popularity because discount brokers had made buying them easier.…

…Short Term Corporate Bond ETF (SPSB) Page 7 Portfolio Review Page 9 By Patrick Watson Something momentous happened this month: for the first time in almost a decade, short-term Treasury yields are higher than the inflation rate. Not by much, admittedly, but this “real” yield is set to grow if…

…iShares US Preferred Stock ETF (PFF) Another dividend almost offset this fund’s slight month-on-month price decrease, so we are looking at -0.2% net monthly change. This ETF continues living up to its high-yield name, and so far we haven’t observed any of the risks that tend to accompany funds in…

…have a short-term Treasury ETF that is about as conservative as you can get outside of an insured bank deposit. Having both gives us the kind of balance we all need. See you at the top, Patrick Watson@PatrickW Investment Recommendation: Chunghwa Telecom (CHT) Emerging markets are still a hot investment…

…a lot about securitized vol products like VXX, XIV, and the leveraged ones, too. The conclusion: if you really want to get long vol, just buy short-dated puts (on the S&P 500). Yes, you have to spend premium. Yes, it costs money. But with VIX below 10, it costs less…

…management in the GLD ETF were momentarily higher than assets under management in the SPY ETF back in 2011. That was a good one—gold reached an all-time high price of $1,898 per ounce on September 5 that year, then dropped 43% in four years. I have lived through this before.…

…say about bonds. FX Vol FX volatility is the driver of all global volatility. That is a fact. If you’ve been watching what’s going on in Great Britain: They’ve been having a little bit of exchange rate volatility. However, I don’t think Brexit will drive global exchange rate volatility. In…

…iShares US Preferred Stock ETF (PFF) Shares have appreciated compared to last month, and another dividend has pushed our total return to 6.1%. Continue holding. New Subscribers: Do not buy. GAMCO Global Gold, Natural Resources & Income Trust (GGN) With a yield of almost 11% and a share price close…