surveyor undervalued our home

chucknorris

Crashy_Time wrote: »

My point was about this market as the OP is presumably selling in this the present market? What fund do you use for corporate bonds can I ask? Overall your portfolio looks pretty sensible IMO, although personally I like to keep more cash than I actually need (about a years living expenses) on hand in instant access accounts, maybe that is an investment weakness I don`t know, but I feel some cash is best kept out of the markets.

I have a mixture of bond funds and individual corporate bonds, the 2 bond funds that I invested in are:

ISHARES II PLC ISHARES USD HIGH YIELD CORP BOND ETF - H D (IHHG)

and

ISHARES VI PLC GLOBAL HIGH YIELD CORP BOND GBP HEDGED UCITS ETF (GHYS)

Some of the individual bonds have risk (significant risk with the Wasps bond), they are:

Provident financial
Burford capital
Lendinvest
Wasps

They are all fallen angels of varying degrees from minor to significant (Wasps), but I invested after the price had already dropped in all of them. Although wasps is significantly risky, I think that bond is good value. It is unclear how they will repay the bond in 2022, but it is secured on their stadium, the value of which exceeds the bond value.

But going forward I am probably going to avoid taking on as much risk.

Crashy_Time

chucknorris wrote: »

I have a mixture of bond funds and individual corporate bonds, the 2 bond funds that I invested in are:

ISHARES II PLC ISHARES USD HIGH YIELD CORP BOND ETF - H D (IHHG)

and

ISHARES VI PLC GLOBAL HIGH YIELD CORP BOND GBP HEDGED UCITS ETF (GHYS)

Some of the individual bonds have risk (significant risk with the Wasps bond), they are:

Provident financial
Burford capital
Lendinvest
Wasps

They are all fallen angels of varying degrees from minor to significant (Wasps), but I invested after the price had already dropped in all of them. Although wasps is significantly risky, I think that bond is good value. It is unclear how they will repay the bond in 2022, but it is secured on their stadium, the value of which exceeds the bond value.

But going forward I am probably going to avoid taking on as much risk.

What do you like about ISHARES, over say Vanguard (a big favourite on here it seems)? I have been using a managed global credit fund from Vangaurd as one of my funds recently, but may change to the basic tracker fund at half the fees, I have not properly decided yet.