David1961
Thinks s/he gets paid by the post
- Joined
- Jul 26, 2007
- Messages
- 1,085
There have been many posts on this board concerning reducing your holdings in bond funds since interest rates basically have to rise at some point. I know Wellesley has a great track record. But since they are about 60% invested in bonds, I'm a little concerned about how it will do the next few years if interest rates spike. My thinking is there will be some fluctuations in the short term, but long term should be fine. Any other thoughts? I'm wondering how that fund did in the late 1970's and early 1980s.