I'm headed to grad school this fall (MBA) and this means I'll be without any salary for 9 months, but I'll continue to have my normal living expenses. On the plus side, tuition has been taken care of, so I won't have to budget anything for that (beyond texbooks).
Other than building up a cash reserve to get through the next year, would you do anythind different with your portfolio during this time (expected 2 years to complete the program). Would you shift to more or less risky equities? Would you adjust your asset allocation to include more bonds? Would you hold more investments that produce current income (REITs, bonds, etc.) in a taxable account since your tax bracket will be low for the next 2 years?
Other than building up a cash reserve to get through the next year, would you do anythind different with your portfolio during this time (expected 2 years to complete the program). Would you shift to more or less risky equities? Would you adjust your asset allocation to include more bonds? Would you hold more investments that produce current income (REITs, bonds, etc.) in a taxable account since your tax bracket will be low for the next 2 years?