Lorne Steinberg Vanguard Short-Term Corporate Bond ETF VCSH-Q DON'T BUY Mar 26, 2019

Hard to be a long-term bond investor with long-term yields so low, because with any inflation several years from now, you're going to get caught with bonds that are down sharply. Yet with short-term, you're giving up yield, but also immunizing yourself against losses. You're not getting paid to own long-term bonds. He'd rather have short-term bonds with some yield.