The ETF, BOND launched this year may be the comet for he dinosaur mutual funds.
Personal Disclosure: My wife and I are long in BOND.
Shouldn’t you have mentioned this to your FRiends back in March? Only thing I’d prefer is short term issues so you can ride the rates up as inflation kicks in ... ;-)
More later Bump!
Sorry about the scrambled stuff in the preamble.
The rest below the title has some good information.
As most of you know, I really don’t care or mutual funds, and we only own two.
I prefer ETF’s, which you can buy/sell or set up a Stop Loss order @ anytime, our market is open.
BOND and some other good ETF’s probably represent a paradigm shift* re what to buy in the stock market.
Well my wife and I are long in BONDO since the crash of '08. I've even surrendered my securities license since I didn't like even the slightest suggestion that I was in an occupation that even partially paralelled anything that Bernie Madeoff with all the OPM had been doing to people!!!
None of my clients ever lost a dime while I was looking out for them!!!
I've replaced that business with a fantastic telemedicine service that will be badly needed when Obamacare really kicks into full fury against people's access to an American Physician. It's also called "Consierge Doctors" or keeping a doctor on retainer. FReep mail me if you'd like the URL for further investigation... The best investment one can make is in their own enterprise or service business!!!