My experience since 1962 says, the best strategy is to start buying long term bonds during high inflation period, because they must pay ugly high dividends during high inflation. When inflation tapers off, as it always has in the past, bond values go up AND you are still getting those high dividends.
“When inflation tapers off, as it always has in the past, bond values go up AND you are still getting those high dividends.”
Only once since 1962 did we see this be really effective and then you would have missed the big stock market move in the 80’s.