Originally Posted by Running_Man
At this point in time the 30 year treasury is up 30% year to date, TLT 20 year + ETF is up 24 % in price with about a 3 percent payout for the year.
And the S&P 500 is now only up 10% for the week.
My muni bond fund is up 10.5% YTD (not counting today yet).
If something loses money one year, that doesn't mean it will lose money the next. In fact, there may be a good chance it will recover, which is why rebalancing lowers volatility with its automatic method of trimming winners and adding to losers.