Limoman:

Looks good

How does all this compare to > LSBRX?
& with it's 7.35% Yield this yr

and  HABDX has been hodling it's own too these last several yrs.( YTD 1.9% )

VS S&P500? Well I bailed on that sector class yrs ago and switched to mostly Mid , & 10% Small and 10% Reits..

I think all those Pro's have been touting LC's these past yrs. are on the payroll (in one form or another) by the LC's..

Getting ready for the 4th qtr and 09' Rally..

Limoman, yes, LSBRX did quite well, but that is easy to see now looking back. It turned out that, over the past 10 years, bonds have outperformed equities (broad index funds, that is, which, overall, have slightly outperfomed the average active equity fund). Who'd have thunk it?

Yes, HABDX did well YTD (up 1.9%), but, even then, it still did not keep up with the devaluation of the US dollar, which is down 7.7% YTD versus the euro. That is still a net loss of 5.8% YTD.

Even money market returns, which is the subject of the original post, over the past 10 years have been almost as much as equities with very little or no volatility (compare VTSMX 10-year return, with dividends revinvested, of about 5%/year, versus VMMXX, with dividends reinvested, of about 4%/year). After 10 years of poor performance, I start to question investing in equities, as this might be turning into a new long-term trend. Money market is starting to look pretty smart if you don't count dollar devaluation.

The real problem is that investing in money market, bonds, equities, or anything based in US dollars has eroded purchasing power because the US dollar has fallen substantially in value versus the euro over the past 10 years (US dollar lost 24.8% since 1999 versus the euro).

This is a really good topic for discussion, and I hope more folks chime in.