My 60 year old sister will be transferring her 401k funds ($165,000) to an IRA and would like to be conservative. She is looking to invest in a bond fund but isn't sure whether to choose a short term or long term bond fund. I have been invested in long term (BND) for several years and have unrealized losses but am hopeful of a recovery, but I'm still getting a great income from it. Any advice for short term vs long term bond funds would be very much appreciated.
Statistics: Posted by lcarrollccc — Thu Aug 22, 2024 11:48 am — Replies 2 — Views 95