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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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You state you want a place "to keep money."
Is this for preserving wealth or growth? If the former, stay away from bonds. There's still risk some companies will go under, particularly in the weak retail sector. You cannot hedge against this risk with an ETF or fund.
rwebb, why was last year a good time to buy bonds? Yields have grown as prices have plummeted. If the ETFs work as I suspect, the share prices would been down significantly from last year, while net yield has increased.
Otherwise, R50, why not? If you feel comfortable with the risk, hit it. I feel more comfortable in cash, hard assets, and RE, but I'm not saying it's ideal for you or anyone else.
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