djustind
Confused about dryer sheets
Can someone please give me a reason to invest a portion of the cash allocation in short/intermediate term bonds vs keeping cash? Currently earning 5%+ in VMFXX (money market).
In my current allocation of 80/20, 20% cash represents 4.5 years of expenses so I feel like I have enough cushion to weather a downturn. The equity portion is mostly VTI/VOO.
About a year from retirement.
Thanks,
David
In my current allocation of 80/20, 20% cash represents 4.5 years of expenses so I feel like I have enough cushion to weather a downturn. The equity portion is mostly VTI/VOO.
About a year from retirement.
Thanks,
David