No. of Recommendations: 0

Buying into any fund at or near its predictable peak is a good way to lose capital. Unlike like holding the individual asset your capital, in a fund, is not protected. If interest rates rise NAV value of your fund will fall, most likely faster than it can easily be recovered.

Best guess, and pick your vehicle, shorter is better than longer right now. Debt is bubble priced, the debt market is getting flooded by US Treasury, Wall St and munis. As soon as the stock market looks like it actually has legs you will almost be able to hear the WHOOOSH as money leaves bonds and seeks higher returns.

Having some cash on hand after the whoosh might be a pretty good place to be. YMMV

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