No need to apologize. I interpreted your question "But is this the right time to sell BND in our IRAs. ??" as the main thing. Feel free to start a separate thread if you'd like to continue that conversation.I have used BND more as conventionally prescribed rather than going into details or the weeds per se,
"the 3 fund portfolio" following this forum for more than 30 yrs as DIY, never thought of another Bond Fund, like it was a good enough bond.
While I was working it would have taken much more time to deal in individual CDs or treasuries (or maybe I was lazy).
We have been around 60/40 mostly till the Roth conversion frenzy took over last several years & BND in IRA is for easy money to convert to VTI in the Roth accounts as compared to paying penalties with CDs, so it was convenient (till it was not, ha) & from there the 60/40 progressively grew yearly to now 80/20. We are retired now, do not want Bonds in Taxable or Roths.
In case of a Market draw down, the high totals will not effect our lifestyle much but may effect our children's inheritance.Fortunately, in our portfolio the Taxable accounts are around 70%, with Roth & IRAs around 15% each.
So in the general overall scheme of things BND does not cause that much harm. The Year 2022 was a disaster of BND with -13%, something which was supposed to be safe, well it was not. Now, its total return was 1.5% in 2024 when the Money Markets are paying around 4-5%. Never could understand Bonds but invest in them.
But, instead of taking a loss by selling BND now, will just bear them for now, no new money going into IRAs as we are retired now.
I am sorry for expressing my dissatisfaction with BND.
BND is cause for much dissatisfaction
Statistics: Posted by sycamore — Sun Jan 19, 2025 3:41 pm