Thinking of Moving Fixed Income AA to CDs. Advice Please
I am not that financially astute and was thinking of moving the 49% of our nest egg that is not equities into laddered CDs. Does anyone have a good reason not to? Of this 49% we have 28% in four bond funds we can place in CDs. Here's the AA of them presently, based on seeing an hourly CFP, a Fidelity advisor and following Bob Brinker's newsletter, however, I'm worried that if interest rates rise we will lose value. Also, High Yield can be volatile and acts more like stocks. Some advisors say that it should be listed in equities in one's AA. Thoughts? Thanks.
7.15% VFISX VANGUARD SHORT TERM TREASURY Average Duration = 2.3 Yrs
7.16% VFSTX VANGUARD SHORT TERM INVESTMENT GRADE BOND FUND Average Duration = 2.5 Years
7.08 VWEHX VANGUARD HIGH YIELD CORPORATE BOND FUND Average Duration = 3.9 Years
6.98 VIPSX VANGUARD INFLATION PROTECTED SECURITIES