It turns out during the recent U.S./China battle the trade to have made was to buy bonds such as Vanguard GNMA.
Yesterday, when the Dow fell 600 points, or 2.38%, and the tech-stuffed NASDAQ cratered (3.41%), Vanguard GNMA was up. Not a lot. But it made money nonetheless.
The sooner you install a counterbalanced strategy with your hard-earned money, the more comfortable you’ll feel in times like these.
The key to enjoying the retirement you deserve is to understand that markets can become violent, and when they do, bonds can be your best defense.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
Americans Flee the Big City Blues- February 20, 2020
Good Guys with Guns fighting for the Second Amendment in Texas- February 19, 2020
Tech Bubble Echos in the S&P 500 Twenty Years Later- February 19, 2020
VA Democrats Can’t Be Convinced to Support “Assault Weapons Ban”- February 18, 2020
You May Be Feeling Uneasy About Growth Stocks: You’re Not Alone- February 18, 2020