Ronstar
Moderator Emeritus
I posted a thread here about the pct of bonds in my portfolio. The advice was to raise bonds to 20%. I ran it by the broker/advisor that administers our 401k and he agreed - so I went to 20%. I have an appointment with him tomorrow to discuss where to invest money that I've saved for the last 2 years. My combined cash accounts total 5 times more than 6 months worth of expenses. He is going to recommend some place to put the excess cash.
Where do the wise investors of this board invest their excess cash? I really don't feel comfortable putting the excess cash lump sum in stocks or stock funds at this time given market conditions.
I'm in the beginning of a 4 year downshifting semi retirement where my wife and I will be retired in July, 2011.
Where do the wise investors of this board invest their excess cash? I really don't feel comfortable putting the excess cash lump sum in stocks or stock funds at this time given market conditions.
I'm in the beginning of a 4 year downshifting semi retirement where my wife and I will be retired in July, 2011.