Wait for bond funds to recover or sell at a loss and buy CDs

[pb4uski]

G-Man, see post #72

Also https://www.early-retirement.org/fo...od-for-fixed-income-investing-114400-125.html

or https://www.early-retirement.org/forums/f28/fixed-income-investing-ii-118485.html

or https://www.reddit.com/r/GPFixedIncome/

 

[G-Man]

G-Man, see post #72

Also https://www.early-retirement.org/fo...od-for-fixed-income-investing-114400-125.html

or https://www.early-retirement.org/forums/f28/fixed-income-investing-ii-118485.html

or https://www.reddit.com/r/GPFixedIncome/

Thank you.

 

[GhostofTomJoad]

I bought HY bond funds at just the wrong time, at the start of '22 when bonds were tanking. I've stuck with them. I was down about -10%, but reinvesting all dividends; plus, more current performance has brought me up to a loss of under -5% now. It's a long-term hold. I don't yet need the money. Let it gradually get me back to "even-steven," and into positive territory. TUHYX. PRCPX. Perhaps in future years I will retreat into something more tame. DODIX comes to mind. Certainly not shooting the lights out in '23.