Last year I switched over from a managed account to a DIY three fund index approach.
I have a taxable account with about $1.6 mil.
I have tax deferred (traditional IRA and some 403b plans) that combined come to about $1.8 mil.
My risk tolerance and situation is such that I want to aim for about 50/50. I know I'm supposed to put 10 pct in international, but I don't like that idea right now.
I used my main IRA to invest in Vanguard Short Term Bond Fund, VBISX. It earns slightly over 1 pct in dividends. I was/am worried about rising interest rates undermining bond values.
What are some of you doing for fixed income investing these days?
What investments are you making?
At my level, would I be better off using my taxable fund for tax free muni bonds? I will be in the 28% bracket going forward and live in SC.
Advice and comments welcome.
I have a taxable account with about $1.6 mil.
I have tax deferred (traditional IRA and some 403b plans) that combined come to about $1.8 mil.
My risk tolerance and situation is such that I want to aim for about 50/50. I know I'm supposed to put 10 pct in international, but I don't like that idea right now.
I used my main IRA to invest in Vanguard Short Term Bond Fund, VBISX. It earns slightly over 1 pct in dividends. I was/am worried about rising interest rates undermining bond values.
What are some of you doing for fixed income investing these days?
What investments are you making?
At my level, would I be better off using my taxable fund for tax free muni bonds? I will be in the 28% bracket going forward and live in SC.
Advice and comments welcome.