The recommendation for investing in $iShares 20+ Year Treasury Bond ETF(TLT)$ suggests that it might be prudent to exercise patience and refrain from further investment until the price reaches the level of $86.20. This strategy can be seen as a cautious approach, aiming to potentially capitalize on a lower entry point in order to optimize returns and mitigate risk. By waiting for this specific price point, investors may hope to secure a more favorable position, potentially leading to greater gains in the long term while avoiding potential losses that might occur at higher price levels.
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