Tuesday, October 19, 2010

macon road partners - bought short term bonds

Today I sold $517,145 worth of VFIDX (intermeiate term bond fund) and bought VFSUX (short term bonds).  I did this because interest rates appear to be so low that they have no where left to go but up.  And I think there will be inflation.  The fed is talking about doing "quantitative easing".

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