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To: Justa

With interest rates so historically low, stay away from any bonds or debt investments with maturities beyond 1 year.

If interest rates go up later, you will be HAMMERED as the Market Value of longer term bonds will PLUMMET.


56 posted on 11/04/2020 11:40:15 AM PST by Sapwolf (Talkers are usually more articulate than doers, since talk is their specialty. -Sowell)
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To: Sapwolf

“If interest rates go up later, you will be HAMMERED as the Market Value of longer term bonds will PLUMMET.”

I understand this. It’s a 30+ day move. Just parking there anticipating a market decline. If not then I can get back in during the Walls Street Leftists’ temper tantrum to Trump winning.


60 posted on 11/04/2020 11:47:25 AM PST by Justa (If where you came from is so great then why aren't Floridians moving there?)
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