Personally, I think you dodged a falling knife. I don't know how your stable value fund performed, but BND has gone done over the past four years and probably 10% since winter 2022. You've been getting between a 3% and 5% return since your change to CDs / bonds since 2022. Everybody likes to say "you don't know nothing", but we all heard the fed say they were going to raise rates to fight inflation and that would logically crater intermediate bond funds.
If you want to go simple, BND will probably do OK for the foreseeable future unless inflation really takes a nasty jump and they decide to raise rates again. I moved to treasuries in 2021, then mostly TIPs in 2023, but I'm close to 70.
If you want to go simple, BND will probably do OK for the foreseeable future unless inflation really takes a nasty jump and they decide to raise rates again. I moved to treasuries in 2021, then mostly TIPs in 2023, but I'm close to 70.
Statistics: Posted by Artful Dodger — Mon Apr 15, 2024 3:48 pm — Replies 4 — Views 181