Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 02-22-2011, 10:06 PM   #41
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,385
Quote:
Originally Posted by Brat View Post
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.

Ha
__________________

__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-22-2011, 10:43 PM   #42
Thinks s/he gets paid by the post
steelyman's Avatar
 
Join Date: Feb 2011
Location: Triangle
Posts: 3,218
Quote:
Originally Posted by Brat View Post
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.
I've owned FAGIX for a number of years and have been quite pleased with it. I've been selling shares of it lately (since mid-2010), but only because it has gotten up there in my bond allocation. When it gets back down to my preferred level, I'll hang in there with it. Overall though, it has a place in my portfolio.
__________________

__________________
steelyman is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Your current view of Bond Funds molly FIRE and Money 49 09-24-2009 01:56 PM
Prime Money Market Fund vs. Total Bond Fund two4theroad FIRE and Money 2 04-10-2008 01:46 PM
Bond Fund and Money Market Fund Tax Treatment Question terminator FIRE and Money 4 03-01-2007 07:56 AM
TIPS: Buy Bond or Bond FUND? Pros & Cons please! Jane_Doe FIRE and Money 67 11-20-2006 09:29 PM
Bond strategy question Van FIRE and Money 17 05-17-2006 09:03 AM

 

 
All times are GMT -6. The time now is 10:11 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.