Ray, i may be the wrong guy to listen about bonds. I hold some TIPs, and that's about all. Well, indirectly i benefited very well from the bull market in bonds, because i had a few adjustable rate mortgages, the payments on which kept going down over the years....
Looking at the short term treasury bond ETF's -- BSV, it has a beautiful long term chart. On the daily, it may be close to breaking the neck line of an H&S potential top... but that hasn't happened yet. Dunno. IMO, as a long term holding, the bond exposes you both to the currency risk, and to the possibility of a price decline.
Yeah, I'd say sell, but I would have told you the same thing 1 and 2 and 3 years ago, and I would be wrong. |
