OrcasIslandBound
Recycles dryer sheets
I bought $275k worth of BLV in September of 2014 for a cost of 88.20 today it is worth 87.76 for a 1/2% loss on the nav price, but is still ahead considering the dividends.
But many here have missed the whole point. Long term bonds (BLV) are usually negatively correlated with stocks. Usually, when one goes up the other goes down. That is what I'm talking about when I say the overall "system" is less volatile then the individual components.
The beauty of being in charge of one's own finances is that we can all have the investments our own way. I will enjoy a lesser volatility and those who are largely invested in stocks will get a better return if they wait long enough.
Sent from my Nexus 4 using Early Retirement Forum mobile app
But many here have missed the whole point. Long term bonds (BLV) are usually negatively correlated with stocks. Usually, when one goes up the other goes down. That is what I'm talking about when I say the overall "system" is less volatile then the individual components.
The beauty of being in charge of one's own finances is that we can all have the investments our own way. I will enjoy a lesser volatility and those who are largely invested in stocks will get a better return if they wait long enough.
Sent from my Nexus 4 using Early Retirement Forum mobile app
