Q: Hi Peter and Team
I don't have any exposure to bonds and am not interested in adding any. Instead, I'm thinking of adding fixed, rate reset preferreds as a proxy. Am I on the right track and what percent of a portfolio would you generally recommend for this (bond, bond proxy) asset class for someone in the mid 50's?
Thanks
Peter
I don't have any exposure to bonds and am not interested in adding any. Instead, I'm thinking of adding fixed, rate reset preferreds as a proxy. Am I on the right track and what percent of a portfolio would you generally recommend for this (bond, bond proxy) asset class for someone in the mid 50's?
Thanks
Peter