When the market was way way down I couldn't resist moving some of my x years living expenses I've been building up into equities (it was split three ways among S&P500 Index, Small Cap Index, and Intl Stock Index) to ride the hopefully inevitable rise and grab some gains. This is all in taxable account.
I know, dirty market timer etc. but we're still in accumulation phase and still both working so I figured I had some flexibility here during the slow march towards my cash allocation for retirement.
Anyway, that move obviously worked out pretty well but I'm feeling it's time to move that back where it should be, but everything kinda sucks right now for cash. The cash pile has been building up in a money market fund but that's crap right now for interest, CD rates are crap, bleh.
So what do you guys and gals do for cash right now, at least the ones who aren't still riding 5% CDs? Are you just going with MMs and CDs and figuring low inflation makes it a wash? Short term bond funds? TIPs fund?
I know, dirty market timer etc. but we're still in accumulation phase and still both working so I figured I had some flexibility here during the slow march towards my cash allocation for retirement.
Anyway, that move obviously worked out pretty well but I'm feeling it's time to move that back where it should be, but everything kinda sucks right now for cash. The cash pile has been building up in a money market fund but that's crap right now for interest, CD rates are crap, bleh.
So what do you guys and gals do for cash right now, at least the ones who aren't still riding 5% CDs? Are you just going with MMs and CDs and figuring low inflation makes it a wash? Short term bond funds? TIPs fund?