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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Midwest_Investor who wrote (39627)	10/20/2008 10:38:24 AM
From: gronieel	3 Recommendations Read Replies (1) \| Respond to of 42834

...My bond side had a problem because I was in SWYPX / SWYSX, which you may have heard about. It's the Schwab short term bond fund that lost 30% YTD. How do you lose 30% in a short term bond fund??? Seems impossible doesn't it? Got to ask Schwab about that. I'm not too happy about it... I understand there is a class action lawsuit against Charles Schwab re: SWYPX. Have you joined that lawsuit? That short term bond fund was touted as almost a cash equivalent before it blew up.