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Okay, I have a basic investing question. My EX hubby took a huge hit
in his 401k and wants to recoup his lose over the next year or so. The
basic rule I know is if interest rates are down then bonds and if rates are up
get out of bonds because they go down. What else? Anyone good
investment advice out there? I can give a list of the funds he has to
choose from it that helps but I'm just looking for some basic guidelines to help
him out as he's not as savvy as me and I'm not as savvy as I should be as I'm
just starting to get back into this and I'm learning. So any other basic
rules, guidelines or truths?
Thanks!
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