I share similar thoughts in DIY annuity when long-term bond yield is high. That's why I invested ~$400K recently split between agency bonds in IRAs (>5% yield to maturity w/ call protection slightly higher than 20y T-Bonds and matures in 20-30 years from Fidelity secondary market https://fixedincome.fidelity.com/ftgw/fi/FILanding ) and I Bonds (using the gift box trick to lock the higher fixed rates of 0.9%-1.3%).
Statistics: Posted by majiaknight — Fri Feb 23, 2024 6:46 pm