What we believe

BondSavvy challenges the status quo on long-held beliefs to uncover unique corporate bond investment opportunities.

We don’t advocate only investing in bonds we can hold to maturity. We continually evaluate the investment recommendations we have made and advise on whether we recommend no longer owning those bonds and what a better bond may be. For our own portfolio, we have generally held bonds for as short as six months and as long as four-plus years. Investment Holding Periods Since our recommendations are focused on achieving capital appreciation, we often find corporate bond investments that can drive higher after-tax returns than municipal bonds. After-Tax Returns We believe investors can benefit from owning individual bonds instead of bond funds. Owning individual bonds can help investors achieve higher returns and realize benefits not offered by funds: return of principal at maturity, payment of a fixed coupon, and lower fees. Individual bonds help you take control of your investing future. "Fundification" of Investing We don’t see interest rates as the primary driver of bond prices. Rather, we see them as one of many factors impacting bond selection. We look for compelling investment opportunities at the bond (or CUSIP) level where we have seen bond prices increase even when interest rates have risen. Interest Rates While laddering is a good concept in theory, we believe it can leave a lot of money on the table. If you limit your bond investment selections to only those that mature in specific years, you could be missing out on a great bond that matures in a year without a rung. We evaluate bonds of ALL maturities to find the best investment opportunities. Bond Laddering We are not just coupon clippers. Rather, we seek to maximize total returns by identifying undervalued bonds that can appreciate in value. Many of our investments to date have achieved returns greater than those of the stock market. Returns Objectives The over-diversification provided by large bond funds and ETFs is not needed by many investors. We are partial to Warren Buffett / Charlie Munger “focus investing” where we concentrate investments on the best opportunities. We do, however, make 25-30 investment recommendations per year so we provide our clients a variety of investment alternatives. Focused Investing vs. Indexing
 
 

Who we work with

BondSavvy believes owning individual corporate bonds can help investors achieve higher returns and better principal protection than bond funds. We make 25 to 30 bond-level recommendations annually for the below client groups. Click a box to learn more.

 
 

* The blended return achieved on all investment-grade corporate bonds Steve Shaw owned for the substantial part of 2017 was 15.1%. He owned the Microsoft and Apple bonds the entire year, and he purchased the Jefferies and Discovery bonds on January 19, 2017. BondSavvy recommended the Albertsons bond on Sep 26, so this return was achieved over a three-month period. Click here for more detailed returns data. Of the bonds we recommended Sept 26 and Dec 13, Albertsons is the only pick we have disclosed to people who have not yet subscribed to BondSavvy. We have disclosed the returns for our Sept 26 picks to BondSavvy email list subscribers.

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