I bought TLT multiple times throughout May and and starting selling in July. This was a swing trade I made.
I missed the very top; however, I am happy with my trades. I try not to get greedy and simply desire to
TLT has had an incredible year, over 20% YTD return. My trades were a gain of 6%, 14%
I expect that interest rates will continue to drop and there MAY be a reentry point on TLT for me before the year is over. However, I am not counting on it. TLT could very well make a new all time high in the next month depending on what Jerome Powell and the FED reserve do here.
I do still have about $600 in TLT for risk management purposes. It’s not a position I wanted to close out completely as I think Bond Funds should always hold a place in a portfolio, unless something terrible occurs. Let’s hope not!
As always, I am NOT a professional financial advisor. I recommend seeking professional help before making any investment and doing your own research. This blog is for my own archive and entertainment purposes.