Bob Brinker Free Discussion Site 59,820+: There you go again

» JIMMY62 - There you go again

In response to Re: Re: Re: Re: Re: If Only Brinker Had... posted by permabear:

around the time he went bearish on the market in 2000.

You say "Bob went bearish on the market in 2000" as if that tells the story.

Bob pulled part of the equities out of the market in 2000. Bob left part of the equities in the market in 2000. Bob put part of the equities that he took out of the market in 2000 back into the market in 2000.

Bob had less money in equities at the end of 2000 than he had at the start. In itself that make him less bullish and more bearish that before.

I characterize his position in the spring of 2000 as neutral or hedged, not bearish in the usual sence of the term.

Back on topic:
Bob has consistently advised against high yeild bond funds. Bob has consistently advised for Ginnie Mae mutual funds. Ginnie Mae mutual funds have higher yield than US govt bond funds. Ginnie Mae mutual funds are further up the risk curve than US govt bond funds. How far?

I am wondering where on the bond rating scales do Ginnie Mae plot? Are they equivalent to AAA or what?

If that question could be answered, the next question would be are Ginnie Maes a better bet than their equivalent corporate bond?

What is the alternative that Bob is using for comparison with Ginnie Mae funds?

-- posted by JIMMY62