Welcome to the 'No-Guilt' blog!
People come to here because they want to build financial confidence and take meaningful action. We provide the context for those things that affect your financial health. Our goal is to help you live in the 'No-Guilt Zone'.
Many years ago, one of my clients inherited a large sum of callable out of state muni bonds (munis) in an account at a large, brand-name brokerage firm. As a resident of California, this client received none of the income tax benefits for the munis and wanted to know what to do.
After analyzing the clients situation, I determined that a diversified bond portfolio designed specifically for conservative investors and those funding near-term liabilities would be more appropriate. The portfolio has the following three characteristics:
When you hear someone say VIX, don’t confuse it with Vick’s, the brand that brings you "The Nighttime Sniffling Sneezing Coughing Aching Stuffy Head Fever So You Can Rest Medicine.”
VIX is the CBOE Volatility Index, a popular measure of near-term volatility of S&P 500 index options. It is often referred to as the fear index and it represents one measure of the anticipated stock market volatility over the next 30-day period.