This article was sent out to our subscribers on 28 February 2013.
iShares Barclays 20+ Year Treasury Bond Fund (TLT) seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.
This stock is listed in NYSE. Stock code is TLT.
I had bought TLT at $118.62.
20+ Year Treasury Bond ETF moves inversely to S&P500:
Currently we think that stock market is overbought and it is due for a correction. So by buying TLT, it provides insurance to our portfolio.
To sign up for our Learn To Find Undervalued Stocks program, click at the link: http://findundervaluedstocks.com/learn-value-stock-investing
Please “Like” us at https://www.facebook.com/TacticalTradingAcademy if you are happy with our service.
BL, CEO of Tactical Trading Academy – For Your Profits, Your Success Is Our Success!
“Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do” – Pele