Originally Posted by Brat
I am kicking 70 (hard) and have too high a % in cash equivalents doing next to nothing. I am thinking about purchasing some Fidelity Capital & Income with IRA money. Comments please.
One thing that cash is not doing is losing your money. I am very conservative with fixed investments, and in your place right now the only thing I would consider doing is to buy some pretty short term cds. A lot is going on, and we really can't predict what might happen. When the US government goes all out to produce inflation, it just might get it, big time.