June 10, 2015

A look inside Doug Kass retirement fund

For what it is worth, my personal retirement account (nontaxable) has the following mix now:

* 35% -- U.S. 30-year bond

* 30% --  iShares 20+ Year Treasury Bond ETF (TLT) (about 20-year maturity)

* 20% -- Blackstone - GSO Strategic Credit Fund 

* 15% -- Cash

This mix reflects my age, health, risk profile, earnings capacity and the composition and value of my other assets.

Equity: I have no equity exposure at this time.
Other Position: Long TLT, 30-year bond, BGB 

via http://www.thestreet.com/story/13176133/2/fear-of-losing-liquidity-and-a-song-to-go-with-it-housing-market-worries-and-a-peek-inside-his-retirement-account-best-of-kass.html