I had ended up purchasing some bond etfs (municipal and state tax exempt) a few years ago. I see they are down almost 9%. Does it make sense for me to sell those, take a capital loss that i can claim for the next few years may be, and buy the treasury bonds at a much more attractive interest rate?
I hadn't quite understood much about bonds earlier and was just following the age old advice of split your investments in stocks+bonds.
And still trying to understand it the above strategy makes sense, or will the bond etfs I have go up in value as interest rates go down anyway and won't make much of a difference. I understand i am paying the etf expense ratio for the convenience of being able to pull out the money when i need.
Submitted August 14, 2023 at 02:21AM by idea_max_7777 https://ift.tt/wnkW9iB
