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I used to trust my bank's investment advice completely, but a bad call on a 'safe' bond fund in 2022 cost me over $2k.
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terry_mitchell14h ago
Ouch, that's brutal. My bank pushed a similar "stable" fund right before rates went up. Lost a chunk too. Their idea of safe and mine are totally different now, lol. I just do my own research now.
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sandra14612h ago
Yeah, that's the thing, right? What did they even call it? Like a "capital preservation" fund or something? I got burned on one that was full of long-term bonds, which tanked when the Fed moved. So what kind of research are you doing now? Are you just sticking to basic stuff, or did you find some good places to learn?
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