My next ACG buy limit is @ 6.90. Nothing crazy, just legging in at lower price points as rates rise. Unlike my stock positions, I don't get upset when this goes down in price. It's just a very practical way to establish a bond ladder
All well and good, however, we're starting to move to levels not seen since 2008/2009 market crash. If Fed starts to taper and market tanks, we could get to levels of around $3 to $4. Thinking about selling and getting back in when things stabilize (and don't usually sell out of fear). This is all gotten crazy. Economy not good despite better numbers. Most jobs created today were bartenders and waitresses.