02-04-2014, 01:06 AM
(02-04-2014, 12:18 AM)Dexter Wrote: Yikes, with dropping rates wouldn't the bond funds increase in value?
You would think so. Of course, back then fund management fees were a little higher than today. Also, I'm sure than managers were churning the account positioning the portfolio as rates changed. I don't remember all the details. All I know is that after a couple years of reinvesting, I didn't come out ahead and I swore off bonds -- especially long-term bonds.

