I am new to Treasury's but I am looking to purchase a one year Treasury Note on the secondary market through Fidelity.  But when I search Treasury Notes on Fidelity I see the coupon rate at 1.125, the yield at 2.789 and the yield to worst and the yield to maturity at 2.754.  I think I would possibly receive the YTM at 2.754 but unsure how the coupon rate at 1.125 figures into the picture?

Thanks

I think it's safe to say that the DBL 5.7c/mo distribution cut from 16.5c to 11c was surprisingly large.  While a cut of some kind was generally feared/anticipated, the announced size stunned most observers.  So what now?
    DBL traded down a few percent to 18.91 today in response to the cut, leaving it with a (surely now!) earned distribution yield of 6.98%.  Now imagine a prospective new investor evaluating multi-asset FI CEFs.  VERSUS DSL (9.5+%), DMO (9.50-ish%), PCM (8.90-ish%), and PIMCO favorites PKO, PDI, and PCI all in the 8%-9% range, DBL at 6.98% looks pretty punk or (more gently) "uncompetitive."
     While nothing goes in a straight line, IMO DBL needs to eventually settle in AT LEAST around 8% to avoid consistent de-selection versus similar CEF portfolios.  The new 11c / mo distribution is $1.32 / yr.  The DBL price that provides an 8% distribution yield is $16.50....nearly $2.50 or about 13% down from tonight's closing price.  Of course, my prediction is worth precisely what you paid for it!
Other views?

Has anyone tried this product and what is your opinion of it?

I am 57 years old and plan to retire somewhere between 62 and 65. I am married. All accounts shown below are combined (me and wife). Both of us will wait until 65 to collect a pension and social security. I expect the pensions and social security to be about 70% of our annual spending needs at 65. This covers most of our basic needs. The portfolio will cover the balance of our spending needs. I do not need the portfolio to have high or even average equity returns. I only need it to help keep up with inflation. I believe a 60% equity and 40% bond split is conservative enough.
 
Do the below splits and ratios seem reasonable based on my needs? adequate diversification? Any other investment types I should consider?
 
FYI - I am hoping the Roth helps me avoid higher tax brackets (as much as possible). I Max-out on 401k and 403b. In addition, I do "non-deductible" IRA's contributions and then  "back door" into Roth contributions each year.

   

Why you chose to invest in Gold, or avoid it?
 
Investing in Gold seems to be quite controversial, with two different schools of thought about the usefulness/credibility of Gold as a long-term asset in an investors portfolio. Some treat it as a wealth preservative over long run, hedge against hyper-inflation and paper-money devaluation, safe haven during global tension, etc. Some treat it as a loser asset with no return, one with questionable intrinsic value as a commodity, irrelevant in the age of modern money, etc.
 
The investors in this community generally fall into one of the three categories:
1. Those who researched on Gold and decided to make it a part of their long-term portfolio
2. Those who researched on Gold and took a conscious decision to exclude it from their portfolio
3. Those who haven't thought much about Gold investment
 
If you happen to belong to category 1 or 2 above, your perspective and investment decision around Gold will be very helpful for all, especially those in category 3. Can you please share your individual choice, specifically along the following questions:
 
Questions for those who invested in gold:
 
1a. What drove your decision?
1b. What % of your portfolio has Gold?
1c. Do you own physical Gold (bullion/bar), or Gold-backed ETF, or a proxy investment (e.g. gold mine stock)? Why you chose this specific investment type?
1d. Did you time your purchase or acquire over time?
1e. Do you have any worry about your choice? Are you going to hold onto it forever or waiting for something before trimming?
 
Questions for those who consciously decided not to invest in gold:
 
2a. What are the specific reasons for avoid Gold?
2b. Do you have any alternative investment that serve the same purpose that Gold is "perceived" to provide? What are those?
2c. Do you worry about your choice and are you planning to revisit at some point in time?
 
Looking forward to learning from your insight.
 
Thanks!

vanguard Wellesley income fund- not sure how to go about accumulating this one at a low cost. fidelity and Merrill charge a lot to buy it not just one time, but every time. I don’t want to put in huge sum all at once. I don’t have a  retirement account in vanguard and have been advised not to buy it in a taxable account.... any ideas or suggestions from experts? Thanks!

I bought a term life insurance policy for my son from Northwestern Mutual shortly after he was born. He'll turn 7 in February.
 
Some details:

• monthly premium is $178
  
  
• accumulated cash value so far is about $8,500
  
  
• the policy itself is worth about $310,000 and growing based on dividends and premiums paid (started at $250,000)
  
  
• I've noticed that all premiums I pay now increase cash value about 1-to-1 (initially that was not the case, but I expected that)
  

And the beat goes on. Even poorly performing equities like F and T continue to pay good dividends. Currently, F will be paying me $1,095 and T $1,076, which I will re-invest. PG paid me $1,197 on 8/15. Seems like a no-brainer to DRIP the proceeds in these cases. What do you think about riding this train, and the same with more promising stocks like like V and RTN or CSCO?

 I re-invest virtually all dividends, and for the past 10 years this seems to have worked well. But, at some point things will surely change.

What is your view of continuing to invest in this market via DRIP? What indicators might you look for to change tactics? My view has been that if a company is performing at least 'OK,' and pays a decent dividend, I'll stick with it. Might it be smarter to take the cash and wait for better opportunities?

PIMCO Income Fund (PONAX and Institutional PIMIX) has been noted for years by investors on this forum as a key multisector bond fund for retirement income (PIMIX currently 4.06% 30-day SEC yield; 5.45% dividend yield 6/30/18). Morningstar rating remains at the top of the chart. PIMIX was recently 'dropped' from research coverage at Fidelity (perhaps because the minimum was raised from $100K to $1M).  PIMIX/PONAX keep dividend yield up and duration down with riskier strategies, but are showing impact of interest rate increases this year that cut into total return.  How are retirement investors currently viewing PONAX/PIMIX for the long term?  Keep for the income level (i.e, figuring good income level that's hard to replicate, the interest rate impact ultimately covered by dividends, and PIMIX now hard to get back into later with the new minimum) or consider other alternatives (and what are those?)?  Thanks.

Hello friends....
 
I am 64 yrs old and preparing for retirement in the next 5-6 months.  I am, at the moment primarily in cash, however I have created a model portfolio that I believe will work for me in the long-term....  but as Donald Rumsfeld once said "We don't know what we don't know".   I would like reflections on this model and observations that I may have missed.  It would break out as about 35% domestic and foreign stocks, and about 60% fixed income (primarily intermediate term bonds).  The funds that I am looking at are:  DODIX (or perhaps THOPX), FTBFX, VWINX, VSEQX, FPURX, VEIPX, and am currently holding VWELX and PONAX.