You don't need to predict the bond market to know that, at that moment, you're buying a negative real yield and locking it in for decades.You again are hung up on the timing of the recommendation. Which again is different than the recommendation itself (which had nothing to do with timing).
The bond math clearly made it dumb. It’s not my fault that the suggestion to do this was when bond yields were at near all time lows. With bonds, you know exactly what you’re getting.
And you seem to make the assumption that you can time/predict the bond market. I know I can't.
Statistics: Posted by watchnerd — Fri Oct 11, 2024 12:09 am