agip, Ryan and wondering,
My thoughts on bonds is pay attention to quality and duration. Lower quality issuers will eventually be hurt by rising rates as it makes the cost of doing business greater and impairs their business model. Duration, or the measurement of bond sensitivity to interest rates is a key valuation metric. A bond portfolio should be slanted toward a 2-3 year duration. Of course having an allocation to intermediate bonds will take advantage of lower for longer. Bank loans or floating rate bonds are indexed to LIBOR or PRIME and will move higher with rates. The risk on these bonds is they are high yield and many of these bonds come with weaker covenants (protection for investors in default). TIPS seem like a good inflation hedge with higher quality.
Lastly, I assume the Trump honeymoon has an end, interest rates will settle down. If that is near future, stocks will trend down, Treasuries will attract flows and the Ten Year could fall back into the 2% level. Under that scenario intermediate bonds would be the best asset class among the ones mentioned.
agip glad your running is well. I am trying to build my base but life has had other plans lately.
Ryan good to see your stock portfolio doing well. I think limit orders for target buy levels is a great idea.
Well I am off for a 6-7 mile run in the Boise foothills. Fall home projects are about completed. I can have a weekend to relax.
Have a great weekend.