Re: [Wikimedia-l] bond funds? (was Re: Annual Audit of the Wikimedia Foundation)
Thomas is right. [And yes, bonds are on the radar.] SJ On Thu, Dec 27, 2012 at 6:28 PM, Thomas Dalton wrote: > This mailing list is not a suitable venue for a detailed discussion about > investment strategy. There are a lot of different things you have to take > into account when choosing investments. If the foundation wants to > investigate other investment options they need to get a professional > investment consultant (if they don't have one already) who will go through > their specific needs and appetites and advise on what investments are > suitable for them. We can't do that in a useful way on a mailing list. > On Dec 27, 2012 10:08 PM, "James Salsman" wrote: > > > Another thing I want to point out, because I just noticed it. The > > recent years' yields on bond funds has been slightly higher than > > equity (stock) mutual funds, but with only a very small fraction of > > the volatility: > > > > > http://news.morningstar.com/fundReturns/FundReturns.html?category=$FOCA$HY > > > > I'm not sure what the current thinking among fiduciaries is on > > diversified high grade bond funds is, but the statistical distribution > > of those long-term returns looks as if a variety of them for a portion > > of the reserves would have a far better risk-to-return ratio than > > sticking with certificates of deposit and treasury securities (which > > currently pay negative real interest rates, i.e., less than inflation) > > as we have been. > > > > ___ > > Wikimedia-l mailing list > > Wikimedia-l@lists.wikimedia.org > > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l > > > ___ > Wikimedia-l mailing list > Wikimedia-l@lists.wikimedia.org > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l > -- Samuel Klein @metasj w:user:sj +1 617 529 4266 ___ Wikimedia-l mailing list Wikimedia-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l
Re: [Wikimedia-l] bond funds? (was Re: Annual Audit of the Wikimedia Foundation)
This mailing list is not a suitable venue for a detailed discussion about investment strategy. There are a lot of different things you have to take into account when choosing investments. If the foundation wants to investigate other investment options they need to get a professional investment consultant (if they don't have one already) who will go through their specific needs and appetites and advise on what investments are suitable for them. We can't do that in a useful way on a mailing list. On Dec 27, 2012 10:08 PM, "James Salsman" wrote: > Another thing I want to point out, because I just noticed it. The > recent years' yields on bond funds has been slightly higher than > equity (stock) mutual funds, but with only a very small fraction of > the volatility: > > http://news.morningstar.com/fundReturns/FundReturns.html?category=$FOCA$HY > > I'm not sure what the current thinking among fiduciaries is on > diversified high grade bond funds is, but the statistical distribution > of those long-term returns looks as if a variety of them for a portion > of the reserves would have a far better risk-to-return ratio than > sticking with certificates of deposit and treasury securities (which > currently pay negative real interest rates, i.e., less than inflation) > as we have been. > > ___ > Wikimedia-l mailing list > Wikimedia-l@lists.wikimedia.org > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l > ___ Wikimedia-l mailing list Wikimedia-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l
[Wikimedia-l] bond funds? (was Re: Annual Audit of the Wikimedia Foundation)
Another thing I want to point out, because I just noticed it. The recent years' yields on bond funds has been slightly higher than equity (stock) mutual funds, but with only a very small fraction of the volatility: http://news.morningstar.com/fundReturns/FundReturns.html?category=$FOCA$HY I'm not sure what the current thinking among fiduciaries is on diversified high grade bond funds is, but the statistical distribution of those long-term returns looks as if a variety of them for a portion of the reserves would have a far better risk-to-return ratio than sticking with certificates of deposit and treasury securities (which currently pay negative real interest rates, i.e., less than inflation) as we have been. ___ Wikimedia-l mailing list Wikimedia-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l
