Great article and analysis!

I am buying 1/4 of the LTT allocation to 30 year treasury bonds at auction
3/4 FNBGX with an average maturity of 24.1 years. So the total comes out to an average long term maturity of 25.575 years.
I may peel of a fourth of that FNBGX pile and get a 2048 bond. Anyway thanks for the help!

Assuming you can buy open market bonds (e.g. those already issued) via a brokerage account(s) I'd definitely ladder. You want to be able to reinvest if interest rates ratchet up. (But that's an implicit forecast for sure) Mathematically, is there really any difference between buying a ladder, or ju...

Thanks that is a very helpful perspective.

This is in another thread...but very relevant. https://portfoliocharts.com/2019/05/27/high-profits-at-low-rates-the-benefits-of-bond-convexity/ There's really no right or wrong here. It comes down to convenience and understanding the trade offs of your decision and being good with them. If you read...

Has anyone used zero coupon bonds in the PP? Doing some back testing on portfoliovisualizer based on some previous responses to a question. It seems like EDV has a slightly higher return than TLT and has a low expense ratio of .07. It also seems less correlated with the US stock market. (In a tax de...

I have been investigating the Desert Portfolio a bit. I've looked into a version that KBG mentioned 40% VTI, 40% LTT, 20% GLD. Using portfoliovisualizer it seems to do quite well with lower downside and higher upside than the PP. But when I look at portfoliocharts and put in the above allocation, it...

Excellent Thread: FNBGX vs. individual bonds at Fidelity https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=3&t=9866&hilit=FNBGX I can probably start with all FNBGX (.03% ER) and figure it out (.03% ER). Yep, that would be a good low cost fund. You can even do the same thing I'm doing with c...

Excellent Thread:
FNBGX vs. individual bonds at Fidelity
viewtopic.php?f=3&t=9866&hilit=FNBGX

I can probably start with all FNBGX (.03% ER) and figure it out (.03% ER).

Expanding the question to STT

Should I buy 1mo,3mo,6mo,1yr in equal proportions with autoroll enabled (see note). OR
Just put it all in 1 yr tbills with autoroll enabled.
Or maybe buy 1/12 for a year and have a permanent 1 year tbill.

Note: autoroll feature only rolls into the same duration tbill.

Trying to figure out how this works. The numbers magnitude I am talking about is in the hundreds of thousands of dollars - TLT will end up costing quite a bit per year nearly $1000 so want to just buy the bonds. Do I just buy a bunch of the longest 30 year bonds I can buy and not worry about a ladde...