Investing - Theory, News & General • Why No Love For BND?

OP,

After a long bull market, folks confused the BND as CASH. And, they were surprised when the interest rate risen rapidly (which they assumed that it is impossible), the BND dropped.

Now, since the BND dropped, folks start to confuse BND as risky as the total stock market index fund (VTSAX). We start having folks claiming that CASH and VTSAX are all you needs.

This is all recency bias.

KlangFool

Statistics: Posted by lostdog — Mon Feb 05, 2024 11:20 am — Replies 36 — Views 2623