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Personal Finance and Investing

IronLionZion

(48,557 posts)

3. Very shrewd move

Reply to A HERETIC I AM (Original post)

Thu Jan 3, 2019, 05:19 PM

Jan 2019

Long term yields got low because the stock market was low and investors sought safety and stability in bonds. Yields will likely get higher due to various factors so this is a great time to lock in the fixed rates and have some stability for future planning. The cost savings are icing on the cake.

I have Berkshire in some of my mutual funds but I won't be acting on this information. I'm just here for the ride.

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Highlight:

Warren Buffet/Berkshire Hathaway refinancing $950 Mil to fixed rate long bonds. [View all] A HERETIC I AM Jan 2019 OP

Their bonds will be in competition with others offering safe risk free returns. wasupaloopa Jan 2019 #1

Berkshire has a pretty impressive portfolio. A HERETIC I AM Jan 2019 #2

Very shrewd move IronLionZion Jan 2019 #3

It's not like it is a cheap stock! A HERETIC I AM Jan 2019 #4