Tag: asset’y liabilities

The JFF Blog Q’nD Generic Answer Series re: Hanging on to Asset’y Liabilities

Here’s the setting: Fictional Terry is nearing retirement.  Fictional Terry has a mortgage and is wondering whether, given the lousy returns in the bond market these days, it makes sense for Fictional Terry to reduce Fictional Terry’s cash and/or sell some of Fictional Terry’s bond holdings to pay off Fictional […]