At the beginning of 2023, I moved the fixed income portion (25%) of our portfolio to a Preferred Share Index tracked by the BMO Laddered Preferred Share Index ETF (ZPR.TO), and this might have seemed like a puzzling move at the time given that ZPR’s been all over the place this year. All that criticism is valid, and for the record, I am not officially recommending everyone follow along with us. Remember, there are 2 phases of the FIRE journey: Accumulation (building your FIRE portfolio) and Withdrawal (living off your FIRE portfolio). We are in the 2nd category and care […]
The post Yield To Maturity Might Be Indicating a Bottom in the Bond Market appeared first on Millennial Revolution.