>>>"The recent synchronized selloff in stocks and bonds has crushed one of the most popular strategies for long-term investors: the 60/40 portfolio.
>>>
>>>According to data from strategists at Bank of America Global Research published last week, the 60/40 portfolio — a mix of 60% stocks and 40% bonds — was down 19.4% year-to-date through the end of August, on track for its worst year since 1936." Yahoo Finance
>>>
>>>And things are getting worse: DOW down another 500 today - down 8000+ for the year.
>>>The only "bright spot" are the I bonds paying 13.28% compounded monthly- and you can't buy the old type anymore.
>>
>>I hope you're safe down there.
>>
>>I've been out of the stock market for decades, but it's starting to look cheap enough for me to take a nibble now.
>
>How are the munis doing?

Good
I bought them for income, not capital gains.
I've got a few with 10% coupons.
Now that rates are going up, their prices are going down but that doesn't bother me. I lived through the 20% rates of the 70's and 80's and things usually find a good level.

I bought the S&P 500 index fund last week - it just looked too cheap to pass up.