It’s not fancy. It’s not AI. It isn’t crypto. It’s just a boring old bond fund. But I continue to profess my love of IEF, which is where I’ve dedicated a couple of my conservative portfolios. This is a beautiful saucer pattern, and I think many months of relatively steady price gains are ahead.
Here’s the longer-term view. Besides the potential price appreciation, it throws off about a 4% dividend, so it isn’t a bad place to go for a more conservative play.
