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BIL only works on high interest environment such as now. In the past decades it had almost no return and this was why people were into long term bond. When Fed starts to dramatically cut rate, we need switch back to the long term bond. In the end, there's nothing we can simply buy and forget.JFR wrote:BIL monthly.
Calling jademann.
Re your friend who got burned by bonds.
Years ago I did a search for safety with decent return.
This is one vehicle I found. Hard to imagine anything safer than that. The return is decent.
The only proviso re safety is you always have to be ready to jump ship. You have to pay attention, preferably by watching the chart. Stuff happens.
March 2020. Don't try to hitch a ride on a rocket ship. It looks like it got discovered by some funds on that day, and came back down to earth the next day. Only buy for a normal price on a normal day. Hold long term. Monthly dividends.
Just in my opinion.
Agreed.Cobra wrote:BIL only works on high interest environment such as now. In the past decades it had almost no return and this was why people were into long term bond. When Fed starts to dramatically cut rate, we need switch back to the long term bond. In the end, there's nothing we can simply buy and forget.JFR wrote:BIL monthly.
Calling jademann.
Re your friend who got burned by bonds.
Years ago I did a search for safety with decent return.
This is one vehicle I found. Hard to imagine anything safer than that. The return is decent.
The only proviso re safety is you always have to be ready to jump ship. You have to pay attention, preferably by watching the chart. Stuff happens.
March 2020. Don't try to hitch a ride on a rocket ship. It looks like it got discovered by some funds on that day, and came back down to earth the next day. Only buy for a normal price on a normal day. Hold long term. Monthly dividends.
Just in my opinion.