Shabby
Recycles dryer sheets
We know that inflation is out of control (7%+) and the Fed needs to finally raise interest rates. Both my Equity and Bond Funds have taken a hit this year and I always hoped my Bonds would alleviate the pain from Equity losses. Sure they have a tiny bit, but not much. With Bond Funds losing me money and more interest rate hikes coming, why would I not sell these, sit in cash and wait for things to shake out. Or better, wait for more Equities to drop and jump into them later this year after a few interest rate hikes.
Please don't flame me completely, I know you are supposed to pick an asset allocation and live with it. market timing is bad, blah, blah.
Please don't flame me completely, I know you are supposed to pick an asset allocation and live with it. market timing is bad, blah, blah.