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Wow! Explained in such simple language. Understanding debt is beyond most Advisors intelligence leave alone a lay investor. And understanding when to get in and when to get out is next to impossible unless you have a Guru like Mr.Bond. Explained in such simple language, even a lay investor will understand.
This is one of the best article I have read on Income funds. Thanks for sharing such good calculations and observations.
Debt investing is not for guys who track various return websites, what MSJ writes is for purist , you will be burnt if you dont follow his discipline, if you do -first you walk alone, your heart will be pounding in your mouth, these trades give ecstatic returns ??, pure delight!