Good points but the same can be said about the stock market. How can you ascertain what news, speculation or any other factor will do (or did) to an equity at any given time?<p>Nobody knows interest rate trajectory. The value doesn&#x27;t drop as much as you would think. If interest rates rise and the bond price drops, the yield increases and you or others will buy more. There aren&#x27;t a lot of safe options right now and people are nervous with the election and the market.<p>I agree on doing bond funds and diversification. I put a good chunk in muni bonds and cash. I max out a 401k but that&#x27;s it for the market because I think it&#x27;s highly overvalued and I don&#x27;t like putting most of my money where I have no control. The rest goes into my own companies and real estate.