0

sublime.HIDE_ON_VIEW needed

David Fooks 12 år siden 0

It would be really useful if there was a HIDE_ON_VIEW option for sublime.view.add_regions as I would like to highlight a region in the minimap but not in the view.

0

Provide autocompletion / code-hinting for SublimeText Settings

Alex Kestner 11 år siden 0
This feels like some low-hanging fruit that would dramatically improve the user experience.  It's mega frustrating to have to flip back and forth between the user settings and the default settings, just to check the name of some setting or its allowed values, etc.

I think this is a win all around.
-alex

(this is the point at which you tell me it's existed since v2 ... heheh)
0

Documentation & Interactive execution

Mark Mc Nicholas 11 år siden 0
Doc's please guys help us help ourselves provide us with documentation. It reflects very poorly when the "Unofficial" doc's site has more detail then yours. 
Also by this stage can we not have interactive running of program's /scripts 
I write a python script and it bomb's out because I read keyboard input !!!! Please it's a great editor and that's why I bought it but help on these basic things 
0

super+shift+s default key binding for "save_as" on OS X (adding to key bindings file doesn't seem to work)

alttag 14 år siden opdateret af Jon Skinner 14 år siden 3
super+shift+s default key binding for "save_as" on OS X (adding to key bindings file doesn't seem to work). This makes it consistent with most other OS X apps.
Svar
Jon Skinner 14 år siden
This was added in build 2020
0

So I sent my application at Westhill Consulting & Employment based in Australia. How do I deactivate e-mail notifications?

Joseph Marcell 11 år siden opdateret af Daphne Chinn 11 år siden 5
I am very grateful that I found the dream job I wished for with their help and assistance.
I am very much stable with the job I have now.
I wanted the automatic email alerts to stop now, I no longer want to receive updates of future job postings.
0

Behavior of pressing Control-K twice is a bit odd

pazsxn 13 år siden opdateret 13 år siden 0

Behavior of pressing ^K^K is a bit odd — it joins lines. 


I can sort-of see logic behind this — killing the \n — but I think forward Delete at end of the line is the typical and safer way to achieve that.


May I suggest making ^K executed at end of a line to behave like Shift ^K? (as if the cursor was after \n, not before \n)


That would be similar to what nano/pico editors do.

0

TRIBE | Top Scientists Slam and Ridicule UN IPCC Climate Report – AsiaGlobal Renewable

sanbaeyun 11 år siden 0

The New American - Moments after the United Nations Intergovernmental Panel on Climate Change (UN IPCC) released a summary of its latest global-warming report on September 27, top climate scientists and experts were already reading through it and trashing the methods, findings, claims, and more. In fact, based on leaked drafts of the controversial report, critics had been debunking and ridiculing the UN’s climate claims for weeks prior to the official release. Once the summary report was officially released in Stockholm, the deluge of criticism accelerated, with more than a few top scientists calling for the UN IPCC to be disbanded entirely.


In this corner: Global Warming Scam, A $14 Trillion Extortion


The latest climate document claimed that despite more than 16 years of essentially no increase in global temperatures in defiance of UN theories and predictions, politically selected IPCC experts were more certain than ever that humans were to blame for global warming — 95 percent sure, to be precise. While it is not entirely clear how the IPCC calculated the “percent” certainty, the claim has confused some of the world’s most respected climate scientists. “How they can justify this is beyond me,” noted Professor Judith Curry, chair of the School of Earth and Atmospheric Sciences at the Georgia Institute of Technology.



Indeed, aside from attempting to downplay the lack of warming, the UN has essentially boxed itself into a corner with its latest climate report. “IPCC has thrown down the gauntlet — if the pause continues beyond 15 years (well it already has), they are toast,” Professor Curry noted on her climate website in an analysis offering her initial thoughts about the UN’s Fifth Assessment Report (AR5). “Even though they still use the word ‘most’ in the attribution statement, they go all out and pretty much say [the temperature increase] is all AGW [anthropogenic, or man-made, global warming].”



In another commentary about the report, Dr. Curry said it was time to shut down the whole IPCC. “The diagnosis of paradigm paralysis seems fatal in the case of the IPCC, given the widespread nature of the infection and intrinsic motivated reasoning,” she explained. “We need to put down the IPCC as soon as possible — not to protect the patient who seems to be thriving in its own little cocoon, but for the sake of the rest of us whom it is trying to infect with its disease. Fortunately much of the population seems to be immune, but some governments seem highly susceptible to the disease. However, the precautionary principle demands that we not take any risks here, and hence the IPCC should be put down.”



Numerous other prominent scientists — even many who have worked with the IPCC and accept some of its global-warming theories — have been equally critical. Meteorology Professor Richard Lindzen at the Massachusetts Institute of Technology, who served as a lead author with the third IPCC report, for example, told Climate Depot that he thought the UN body had “truly sunk to a level of hilarious incoherence” with its latest assessment. “They are proclaiming increased confidence in their models as the discrepancies between their models and observations increase,” added Dr. Lindzen, who has published hundreds of scientific papers.



The UN-promoted theory about the missing warming being hidden somewhere in the ocean, Lindzen continued, is really an admission that its climate models do not accurately simulate natural internal variability in the system. Because the claim that human activity is responsible for global warming depends on the models being able to do just that, the IPCC is essentially admitting, “somewhat obscurely,” that its crucial assumption is unjustified, the MIT expert explained.



Meanwhile, climate experts Patrick Michaels and Paul "Chip" Knappenberger with the Center for the Study of Science at the Cato Institute were calling for the UN report to be “torn up and tossed out” along with “the entire IPCC process which produced such a misleading (and potentially dangerous) document.” In analyses of the report published in various media outlets and on Cato’s website, the two experts lambasted the report with extremely harsh comments, blasting it as “an embarrassment of internal inconsistency,” “beyond misleading,” “entirely self-serving,” and more.



Dr. Benny Peiser with the Global Warming Policy Foundation had harsh words for the latest IPCC report, too, saying it was based on flawed models that cannot accurately predict future temperature changes.  “The IPCC are gambling that temperatures will rise soon. My own reading of the report is it's more a political message than a scientific one,” he explained. “They ignore the fact that their models have a problem, and they are unable to say when the temperature will start rising again. That is a gamble.”



In media comments, Dr. Peiser blasted the leaked version of the report as a “staggering concoction of confusion, speculation and sheer ignorance.” He said the IPCC appeared to have run out of answers to explain away the “widening gap” between its predictions and reality — a fact that even most of the establishment media have started to notice. In the last 16 years, there has been essentially no increase in temperature, he explained, and before 1980, the world saw some three decades of cooling. Indeed, since 1950, there have only been 20 years of warming, Dr. Peiser noted, adding that nobody knows when temperatures will start rising again.



Climatologist Dr. Roy Warren Spencer, who serves as principal research scientist at the University of Alabama in Huntsville and formerly worked as a Senior Scientist for Climate Studies at NASA's Marshall Space Flight Center, was equally critical of the latest UN report. Probably the “biggest omission of the report,” he said, “continues to be the almost total neglect of natural forcing mechanisms of climate change.” Overall, Dr. Spencer said the IPCC summary report released last week “reveals a dogged attempt to salvage the IPCC’s credibility amidst mounting evidence that it has gone overboard in its attempts to scare the global public over the last quarter century.”



Other experts criticized a variety of major omissions in the report, too. Executive Vice President Ken Haapala with the Science and Environmental Policy Project (SEPP), for example, compared and contrasted the IPCC report with another major climate report that takes a more realistic approach. Produced by the Nongovernmental International Panel on Climate Change (NIPCC), the “Climate Change Reconsidered II: Physical Science and the Summary for Policymakers” paints a very different picture using many of the same studies cited by the UN.

Among other major concerns cited by Haapala and other experts is the fact that the sensitivity of the climate to increases in carbon dioxide is missing from the IPCC report. “Yet, this is the entire political issue,” he noted. “Is the climate sensitive to human emissions of CO2 or not? Does an increase in the molecules of CO2 from 3 to 4 per 10,000 parts of air make a difference in climate?” The UN does not know. “Further, the report glosses over the fact that there has been no statistically significant rise in surface temperatures for over 16 years,” Haapala continued, echoing criticism worldwide about the UN effort to downplay the elephant in the room. “Instead, it asserts a greater certainty in its work than prior reports. It reduced the uncertainty from 10% to 5%, with no empirical basis.... The purpose of a physical science is to describe nature, and to understand how it works. It is becoming increasingly evident that IPCC science does not describe nature. Yet, the IPCC intensifies its certainty in its work?”



Finally, scientists all over the world are now openly saying that this IPCC report should be the last — even some who support its theories and calls for a global carbon regime. Professor Myles Allen with Oxford University’s Climate Research Network, who has worked extensively with the IPCC but has blasted many of the anti-carbon schemes pursued by governments as a waste of time and money, said the AR5 ought to be the final UN IPCC report. “Its cumbersome production process misrepresents how science works,” he was quoted as saying. “The idea of producing a document of near-biblical infallibility is a misrepresentation of how science works, and we need to look very carefully about what the IPCC does in the future.” At this point, the number of independent experts calling for an end to the largely discredited UN panel and its reports is growing fast. Some prominent voices in the climate discussion have even been calling for the “climate scamsters” to be prosecuted and jailed as a way to deter future scientific fraud. Much of the establishment media continues to parrot UN climate scaremongering, but it appears increasingly likely that, unlike the growing polar bear population, the IPCC is standing on thin ice. 

0

Goto Anything could show paths relative to project directories

Piotr Kalinowski 12 år siden 0
For files from within directories configured for the project, it'd be nice if Goto Anything could show paths relative to these directories, or the directory of the project file, or some other directory configured as the project root, so that they would get shortened that way and become more readable, especially that Goto Anything is really narrow in multiple column layouts (or at the very least make the overlay wider).

Perhaps if no project is active, files from the current directory (the directory of the currently focused file?) could be shown without the path component.
0

Cruse and Associates: Getting to know the company through its website

idammel 11 år siden 0
For an engineering design firm to make a mark online, it’s first and foremost tool to use to reach the millions out there who have not heard of it is through an attractive and interesting website. Not to mention a completely appealing and engaging one.

The way it appears now, the website still needs a lot of work. As in A LOT! First of all, not a single photo is up to show in a split second what the text is talking about. Secondly, minimalism can be restful and pleasing; but in trying to gain readers to stay online, one must not only use photos, animation, color variety but even the counter-intuitive use of negative space. Too much white space with only a small splattering of black-and-white text can be deadening. It may bring out a certain effect; but not when the font is too small against the wilderness of snow.

Another point is that, engineers in general, are well-known as soft-spoken, tacit, uncluttered and even self-deprecating. Those who have been through years of engineering schooling rarely see flamboyance in appearance and character among the lot. Hence, the appearance of Cruse’s website plays tribute to this reputation among engineers. But there is nothing wrong with trying to be different from what you have portrayed yourself to be in life as well as in business.

Cyberspace networking dynamics, however, requires basic visibility standards which require the use of such things already mentioned here. One cannot be a singer without the essential desire to perform in front of people. So, for a company to stand at par with others, whether they are financial consultancy firms, online journalists or sellers of books or shoes, it must present itself beyond the formal black suit and uncolorful tie ensemble. Alright, those will do at times; but at least, use some gold cuff links, two-tone shoes, pastel-colored dress shirt and, perhaps, subtly dyed hair.

Ultimately, appearance counts a lot in Internet visibility. SEOs can do a lot to help a firm gain that in a matter of time. But the time could be greatly shortened through the use of certain website design features already mentioned, and many more out there. It reminds us of the traditional conflict between engineers and architects: the former being more concerned with strength and stability while the latter with aesthetics or appearances.

Being an engineering firm, Cruse may not have the obligation to appear like an architectural firm. But great strides can be gained if they could show that aside from inner integrity, it also has outer appeal and beauty.
0

Drag and drop directories from sidebar into "Find in files"

Rui Rei 11 år siden 0

The title says it all. Would be nice to have this feature, as I think the sidebar is the least exploited asset in ST(3 in my case). Although I find I don't need it as much because of the sweet "go to anything" feature, in this case I think the sidebar could be very useful, and as it is now it is useless (I mean, I can select and open files waaay faster with "go to anything", and that's pretty much all the sidebar can be used for at this point).

0

dna edit: Recovery at what cost?

lachlan 11 år siden 0

http://www.dnaindia.com/analysis/1881349/editorial-dna-edit-recovery-at-what-cost


There would come a time when you wish that every aspects of life is as easy as arranging the lines of seven-year-old students.  It is likekindergarten students are more behave than the outside world.  Does school really affect the way we behave when we get older and done with school?


Isn’t the concept of lining up, or waiting your turn, or listening while someone else is speaking, something that is supposed to be hard-wired from the age of five onward, thanks to attending school should be a basic and common etiquette for adults?  Are people “misbehaving” in the adult world was an effect of their schooling when they were younger.


If schooling does indeed have a significant impact on us up until our adult years, how does it manifest itself in the everyday world of being a “grown-up”? And perhaps more importantly, are we thinking of education as a means to a positively practical end as we leave school behind us?

 

Canadians were raising their children and how it was negatively impacting their ability to function once they’d left home to go to university or work. Do not “helicopter parent” your kid rather spend the entire time wondering if it was possible that some of the struggles being discussed weren’t a result of an education that had misfired in shaping these youngsters’ skills sets. Years back, things are better.  Today, students were being pushed through despite not having passed exams then blames the education system for not being the same as it was years before is a bit too get-off-my-lawn.


Before schooling seemed rigid and wildly archaic, meaning learning is far more than any generation. Perhaps it was just a case of an education still being a good fit for the society it hoped to produce at the time.  Or maybe education is an organism in a constant state of flux, and sometimes the growing pains of one generation will greatly benefit the one coming up behind. It all comes down to what a country/people/group wants an education to be.  The students should be more confident and self-aware.  They must think critically to be able to utilize deductive reasoning, to problem solve and so on.  Teach them skills that soon will be able to grow with them, and will evolve into useful tools for navigating their adult lives.  Success is not measured out in numbers on a chart and letters across a table.  The problem is we are all misbehaved, we can all sit nicely in a circle, raise our hands, and wait for our turn to talk.

0

Power to the people

kenzieduncan 11 år siden 0

Power to the people

Technology and development: A growing number of initiatives are promoting bottom-up ways to deliver energy to the world’s poor

AROUND 1.5 billion people, or more than a fifth of the world's population, have no access to electricity, and a billion more have only an unreliable and intermittent supply. Of the people without electricity, 85% live in rural areas or on the fringes of cities. Extending energy grids into these areas is expensive: the United Nations estimates that an average of $35 billion-40 billion a year needs to be invested until 2030 so everyone on the planet can cook, heat and light their premises, and have energy for productive uses such as schooling. On current trends, however, the number of “energy poor” people will barely budge, and 16% of the world's population will still have no electricity by 2030, according to the International Energy Agency.


But why wait for top-down solutions? Providing energy in a bottom-up way instead has a lot to recommend it. There is no need to wait for politicians or utilities to act. The technology in question, from solar panels to low-energy light-emitting diodes (LEDs), is rapidly falling in price. Local, bottom-up systems may be more sustainable and produce fewer carbon emissions than centralised schemes. In the rich world, in fact, the trend is towards a more flexible system of distributed, sustainable power sources. The developing world has an opportunity to leapfrog the centralised model, just as it leapfrogged fixed-line telecoms and went straight to mobile phones.


But just as the spread of mobile phones was helped along by new business models, such as pre-paid airtime cards and village “telephone ladies”, new approaches are now needed. “We need to reinvent how energy is delivered,” says Simon Desjardins, who manages a programme at the Shell Foundation that invests in for-profit ways to deliver energy to the poor. “Companies need to come up with innovative business models and technology.” Fortunately, lots of people are doing just that.


Let there be light


Start with lighting, which prompted the establishment of the first electrical utilities in the rich world. At the “Lighting Africa” conference in Nairobi in May, a World Bank project to encourage private-sector solutions for the poor, 50 lighting firms displayed their wares, up from just a handful last year. This illustrates both the growing interest in bottom-up solutions and falling prices. Prices of solar cells have also fallen, so that the cost per kilowatt is half what it was a decade ago. Solar cells can be used to power low-energy LEDs, which are both energy-efficient and cheap: the cost of a set of LEDs to light a home has fallen by half in the past decade, and is now below $25.


“This could eliminate kerosene lighting in the next ten years, the way cellphones took off in about 13 years,” says Richenda Van Leeuwen of the Energy Access Initiative at the UN Foundation in Washington, DC. That would have a number of benefits: families in the developing world may spend as much as 30% of their income on kerosene, and kerosene lighting causes indoor air pollution and fires.

But such systems are still beyond the reach of the very poorest. “There are hundreds of millions who can afford clean energy, but there is still a barrier for the billions who cannot,” says Sam Goldman, the chief executive of D.light. His firm has developed a range of solar-powered systems that can provide up to 12 hours of light after charging in sunlight for one day. D.light's most basic solar lantern costs $10. But the price would have to fall below $5 to make it universally affordable, according to a study by the International Finance Corporation, an arm of the World Bank. So there is scope for further improvement.


It is not just new technology that is needed, but new models. Much of the ferment in bottom-up energy entrepreneurialism is focusing on South Asia, where 570m people in India, Pakistan and Bangladesh, mostly in rural areas, have no access to electricity, according to the International Energy Agency. One idea is to use locally available biomass as a feedstock to generate power for a village-level “micro-grid”. Husk Power Systems, an Indian firm, uses second-world-war-era diesel generators fitted with biomass gasifiers that can use rice husks, which are otherwise left to rot, as a feedstock. Wires are strung on cheap, easy-to-repair bamboo poles to provide power to around 600 families for each generator. Co-founded three years ago by a local electrical engineer, Gyanesh Pandey, Husk has established five mini-grids in Bihar, India's poorest state, where rice is a staple crop. It hopes to extend its coverage to 50 mini-grids during 2010. Consumers pay door-to-door collectors upfront for power, and Husk collects a 30% government subsidy for construction costs. Its pilot plants were profitable within six months, so its model is sustainable.


 RELATED ARTICLE:

http://www.exxonmobil.com/Corporate/news_speeches_20130613_rwt.aspx

http://www.undp.org/content/undp/en/home/ourwork/environmentandenergy/focus_areas/sustainable-energy.html


0
Ikke en bug

Monokai Color Scheme seems to be the same as Monokai Bright. I used to like the normal Monokai, existing in the previous version.

Alvaro Alonso Jiménez 13 år siden opdateret af Jon Skinner 13 år siden 0
I used to like the normal Monokai (not the bright one), existing in the previous version.
I think there is a bug in this sense.
Svar
Jon Skinner 13 år siden
The selection color is different between the two color schemes
0

"Toggle Bookmark" is not working correctly. Cannot clear a bookmark.

Timm 11 år siden 0

This should have high priority, Jon. Enable works, disable works only if you don't move the cursor. If you move around and go back to the line, the bookmark just stays there. Only option is to clear ALL bookmarls. Mac OS X 10.6.8, ST 2.0.2

0

Eight ideas to help you save money

Jhennifer Fink 11 år siden 0
http://www.westhillinsuranceconsulting.com/

1. Review your federal income tax withholding. Make sure that your federal withholding is appropriate for your income and family size. If you’re paying in too little throughout the year, you may owe money at tax time. On the flip side, having too much money withheld from every paycheck means that Uncle Sam gets to put your money to work throughout the year instead of you. Regardless, it’s important to make sure you’re saving throughout the year to manage this expense.


2. Lower your insurance rates. The next time your auto and home insurance policies are up for renewal, shop around to see if you can replace your coverage for less. The savings could be substantial.


3. Refinance your mortgage. Typically, it makes sense to refinance if you can lower your interest rate by at least two percentage points and plan to stay in your home long enough to realize a savings after you factor in closing costs. Keep in mind a large percentage of the payment in the early years pays off the interest on the loan, not the principal. So, if you’ve had the mortgage for a while, refinancing may not be your best bet. An online calculator or a reputable mortgage professional can help you decide.


4. Take the bus or carpool. The cost of gas, wear and tear on your vehicle, tolls and paid parking can add up quickly. If you usually make the daily commute in your vehicle alone, price out the public transportation options in your area. Typically, it’s significantly less expensive than driving. Or consider starting a carpool so that you can share expenses.


5. Consider signing up for a health savings account (HSA) next time open enrollment comes around. If you don’t need a higher level of coverage, an HSA may be a good option for you. An HSA is a tax-advantaged medical savings account that you can use to pay for qualified medical expenses if you are enrolled in a high deductible health plan (HDHP). You – or your employer – can deposit pretax dollars in your HSA. Regardless of who deposits it, all the money in the account is immediately yours. Even better? Your unused HSA balance rolls over from one year to the next. So, if you don’t use it, you don’t lose it.


6. Conduct an energy audit of your home. It can help you determine which improvements will save you the most money and energy. For more information about professional audits – or tips on how to do it yourself if you’re handy –


7. Request a credit card rate reduction. If you’re carrying a substantial balance, call your credit card company and request a rate reduction. If they won’t honor your request, get a zero percent balance transfer to another card you already have, but make sure your rate won’t go higher when it resets. Also, remember that opening a new card could have a negative effect on your credit score. It also may be a good idea limit purchases on your credit card until you’re in better financial health.


8. Give something up. Do you pick up a daily coffee or soda from a specialty shop or convenience store on your way to or from work? If so, consider giving it up. Think quitting a $3.50 a day habit won’t make a difference? It will. If you work 250 days a year, you could save $875 in that given year.
0

A new build system variable $SelectedText

Matt McCray 13 år siden opdateret 13 år siden 0
It would contain the contents of the currently selected text in the active tab.

Useful for, as an example, selectively transpiling a snippet of CoffeScript without having to scan the results of the entire compiled file's output.
0

Five Myths of Bond Investing: The Michael Shearin Group Morgan Stanley

Amandine Petre 11 år siden 0
Five Myths of Bond Investing

Are bonds a portfolio's bulwark or its Achilles' heel? Investors can't seem to decide

Over the last seven months of 2013, amid rising interest rates and falling bond prices, skittish investors yanked $18 billion more out of bond funds than they put in.

Then, as stocks faltered in the first six weeks of 2014, investors put in over $28 billion more to bond funds than they withdrew.

Adding to the confusion: Wednesday's disclosure that Federal Reserve officials are debating whether to raise interest rates sooner than expected. The yield on the 10-year U.S. Treasury hit 2.75% on the news, up from 1.62% in May. (Bond yields move in the opposite direction of prices.)

After three decades of a mostly smooth and steady bond market, investors aren't used to the recent volatility. That could be leading some to abandon their portfolios' primary defenses right when they need them the most, experts say.

"Bonds are thought of as a safe haven, but even the safest harbors have waves," says Martin Leibowitz, a managing director of research at Morgan Stanley and co-author of "Inside the Yield Book," considered by investors to be one of the best books ever written on bonds.

Like all areas of investing, the bond market is rife with popular beliefs that are only partly true at best and misleading at worst. If you want to stop lurching from one wrong-footed bond trade to another, it pays to separate myth from reality.

Here is a guide to some of the most dangerous misinformation about investing in bonds and bond funds—along with practical steps you can take to invest wisely on the basis of more-accurate evidence.

Myth No. 1: Bond investors will suffer huge losses when interest rates rise.

Long-term U.S. Treasury bonds lost 12.7% last year as rates rose roughly one percentage point. And manyWall Street strategistsexpect rates to climb this year as the Fed changes course.

Yet losses on that scale across a wide variety of bonds are unlikely. To see why, you need a basic understanding of what pros call "duration."

That measure—available from your fund's website or, if you buy individual bonds, from your broker—shows the approximate percentage change in the price of a bond or bond fund for an immediate one-percentage-point move in interest rates.

The duration of the Barclays U.S. Aggregate Bond Index, the broadest benchmark for the fixed-income market, was around 5.6 years this past week. Thus, if rates rise one percentage point, the Barclays Aggregate would immediately fall in price by approximately 5.6%; a half-point rise would knock the index down in price by 2.8%, and so on
"For big losses to occur, interest rates would have to rise enormously," says Frank Fabozzi, a bond expert who teaches finance at EDHEC Business School in Paris and Princeton University.

To incur a 20% loss on a bond fund with a duration of 5.6 years, for instance, interest rates would have to rise instantaneously by approximately four percentage points. Even a 10% loss would require an immediate—and historically unprecedented—jump in rates of roughly two points. (Long-term U.S. Treasurys have a duration of more than 16 years, which is why they are so sensitive to rising rates.)


At today's low rates, "you should have lower expectations for total return and yield, but the extent of the potential negative returns has been exaggerated," says Matthew Tucker, head of fixed-income strategy at BlackRock's iShares unit, the largest manager of exchange-traded funds.

That is because, as rates rise, you get to invest the income thrown off by your old bonds at the new, higher yields. As a bond investor, your total return is the sum of any price changes and the income the bonds produce.

Imagine that interest rates rise by a quarter of a percentage point. That would immediately knock about 1.4% off the price of a bond fund with a duration of 5.6 years. But it also would add a quarter-point to the yield of fresh bonds coming into the portfolio, making up over the longer term for the short-term decline in price.

In recently published research, Morgan Stanley's Mr. Leibowitz has shown that so long as a fund (or even a "ladder" of individual bonds assembled to mature at equally spaced intervals of time) maintains a moderate, five-to-six-year duration, the portfolio's annual total return should converge toward its original yield. That assumes that you hold the fund or ladder at least six years.

Remarkably, he found that outcome will occur under almost all possible scenarios, regardless of how much interest rates change.

As a result, Mr. Leibowitz says, "if you are determinedly a long-term investor, you can get through a period of intervening turbulence" comfortable in the knowledge that any losses in market value will be offset over time by the extra income from higher rates.

All this points toward a simple strategy: Ignore the harum-scarum rhetoric about a bond-market bloodbath. For government and investment-grade corporate bonds and bond funds with a duration less than 10 years, that scenario is just a myth.

So long as you keep your duration short—and stick with high-quality bonds—you should be in no danger of anything greater than a temporary, single-digit loss.

Ask yourself what is the worst loss you are willing to withstand on your bond investments for each one-percentage-point rise in interest rates. If that maximum loss is 5%, then you want a bond or bond fund with a duration of five years, slightly shorter than that of the Barclays Aggregate. (The average intermediate-term bond fund, according to Chicago-based investment researcher Morningstar, has a duration of 4.9 years.)

You can get higher yield than the current 2.3% offered by the Barclays Aggregate Index—but only if you are comfortable with higher duration. The Vanguard Long-Term Corporate Bond VCLT +0.39% ETF, for instance, yields 5%, but its duration is 13.4 years—meaning that a quarter-point rise in rates would trigger a 3.4% short-term decline in price.


0

Select File from Goto using mouse = Sublime Crash

Scott Bowers 13 år siden 0
Ubuntu x64

When I use goto anything (or other goto variants), if I use the mouse and click on the file to open it (or goto a function), sublime instantly crashes.

Please fix.
0

ocaml highlight bug

Aleksey Katargin 12 år siden 0

Ocaml highlight breaks with this code (* '"' *)

Single-qouted double-quote in comments doesnt processed preopertly.

Kundesupport af UserEcho