D
Darin A
Guest
I have owned a long term Muni bond fund (VILPX) for years. It returns a good 5% consistently. However with the recent economic news, the price has dropped from the mid $12s to mid $11s. Which as you know, for a bond fund of this type (insured muni bonds only, rather boring) is a huge, huge drop. Is there any reason why I should not add more $ to this fund on this dip? Or am I missing something? Muni bonds funds are not at risk of failure for the most part as far as I can see? Why are so many dumping them? I want to add more, tell me why I should, or should not. Thanks!