Opinions
John DeGoey
RBC 1 5 Year Laddered Corporate Bond ETF
RBO-T
DON'T BUY
Dec 18, 2014
$20.040
Stock price when the opinion was issued
E.T.F.'s
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Doesn’t like any bond ETF, because he doesn’t like bonds in this environment. This one is good, but for the past 4 or 5 months, this has been trending ever so slightly downwards, and that is what you can expect from most bond positions for the next little while. You are going to go poor slowly. He does not anticipate an interest rate hike this year, or even the year after. When that does happen, bond positions will lose even more money.