.by Anura Guruge
Of course I knew it was coming, though despite what the market and my portfolio is telling me, I KNOW that it hasn’t come yet! C’est la vie. The market, by definition, is always right even when it is dead wrong (as it is now). Yes, of course, interests rates will go up. That is a given. But, the current beating that bond funds are taking is too premature. But, that is OK. I always knew, going in, that this period of pain will come. So I am kind of sanguine. I have weathered worse — though I know that I am in for at least another month of pain.
I am going to stand firm with BJBHX and see how they navigate through this. Their monthly yield, so far, has remained ‘good’. This is why we pay them the BIG bucks. They knew, just like I did, that this day would come. Over the years, and by that I mean since the 2007 meltdown, I have also flirted with Janus’ JAHYX. While JAHYX is not as fecund as BJBHX, it, this always the other side of this risk/reward coin, is more resilient — until now. JAHYX is taking an even bigger beating that BJBHX. That could be good for BJBHX.
In my old age I do not panic as much as I used to when it comes to investing. This was a storm I knew was coming. So I am going to weather it out — hopefully BJBHX will not totally sink me.
Map Of The British Empire In 1910. Has To Do With My Coverage Of ‘Poppy Day’, WW I Having Started 4 Years Later.
.by Anura Guruge
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At the behest of ‘Nancy’ the lady from Ontario Canada who sent me the picture of the ‘Poppy Plaque‘ in Thunder Bay, Ontario.
The countries marked in Blood Red formed the British Empire over which the Sun never set.
Nancy, like I, also liked the Pacific (as opposed to Atlantic) centered orientation of the map. To be fair, growing up in Ceylon in the 1950s, I was fairly used to this representation which had India and Ceylon towards the centre (sic) though I notice, with amusement, that this map does a fairly poor job of getting Ceylon’s, fairly simple, but elegant, shape wrong.