Slow, Safe, and Steady

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Here’s a long idea, for a change. This isn’t going to make anyone a fortune, but it is low-risk, it seems to me. Specifically, I’m talking about IEF, the 7-10 year bond fund. Its pattern is vastly better than that of TLT, and to my eyes it looks like a very promising long-term hold, provided it doesn’t slip below 92.79: