kannon
Recycles dryer sheets
Afternoon All - Happy "Labor" Day. This is my first labor day since retiring - definitely a different feel.
Would appreciate your advise.
So far almost 9 months into ER it looks like our pensions are able to keep up with our basic living expenses. Our investment style is conservative to say the least - 30%/40%/30% (stocks/bonds/cash).
We have a nice five year CD coming due next month and would like to lower our cash % but still keep our conservative investment style. Thinking of moving the money into a Intermediate Term Bond Fund with Vanguard.
With interest rates probably going up, I want to keep bonds to a lower term.
Is this a sound strategy? Still want to maintain a low stock % just cause we don't need to speculate with a solid pension.
Thanks
Kannon
Would appreciate your advise.
So far almost 9 months into ER it looks like our pensions are able to keep up with our basic living expenses. Our investment style is conservative to say the least - 30%/40%/30% (stocks/bonds/cash).
We have a nice five year CD coming due next month and would like to lower our cash % but still keep our conservative investment style. Thinking of moving the money into a Intermediate Term Bond Fund with Vanguard.
With interest rates probably going up, I want to keep bonds to a lower term.
Is this a sound strategy? Still want to maintain a low stock % just cause we don't need to speculate with a solid pension.
Thanks
Kannon