Many people invest in bond funds for the purpose of preserving capital and reducing risk. While it sounds sensible and has worked for many decades in the past, it doesn’t work now because interest rates are historically low. As of this writing, nearly 80% of Morningstar’s taxable bond funds and over 90% of municipal bond funds have lost money so far this year. For example, the Vanguard Total Bond Index fund has lost 1.6 percent this year, even after factoring in a 2.6 percent return! Find out why bond funds lose so much money and could keep losing money for the next five years. Then health insurance and Medicare expert Shelley Grandidge joins us for the Q&A. A great show today that you don’t want to miss MASTERING MONEY is on the air!!

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This post Controlling Money 16-03-22 – IQ Wealth Management

was original published at “https://iqwealthmanagement.com/2022/03/16/mastering-money-3-16-22/”