EddieG
Dryer sheet aficionado
Hi all,
Totally new to bond fund investing. Per my Vanguard advisor, I have over 100k to put into the Vanguard Total Bond Market Fund (VBMFX) held within a traditional IRA. Plus another lump sum during 2008 to be put in a taxable account. I could buy over 100k now and get the admiral shares, or I could enter over time. Once I get over 100k total, it would switch to Admiral shares, so that's not the biggest factor.
Like I said, I'm new to bond funds, so is there any benefit to making regular purchases, like as in dollar cost averaging with equity funds, or should I just do it all at once?
If all at once, would this be a good time to do so right now,
VBMFX: Summary for VANGUARD BOND INDEX FD TOTAL BO - Yahoo! Finance
or what should I be looking for? Is it as simple as just trying to buy at a low price and avoid buying at a higher price?
The lump sum will be used for income, along with selling equity funds, by re balancing once or twice a year.
Right now, it's sitting in the prime money market making about 4.67%.
Thoughts? Suggestions?
Thanks in advance,
EddieG
Totally new to bond fund investing. Per my Vanguard advisor, I have over 100k to put into the Vanguard Total Bond Market Fund (VBMFX) held within a traditional IRA. Plus another lump sum during 2008 to be put in a taxable account. I could buy over 100k now and get the admiral shares, or I could enter over time. Once I get over 100k total, it would switch to Admiral shares, so that's not the biggest factor.
Like I said, I'm new to bond funds, so is there any benefit to making regular purchases, like as in dollar cost averaging with equity funds, or should I just do it all at once?
If all at once, would this be a good time to do so right now,
VBMFX: Summary for VANGUARD BOND INDEX FD TOTAL BO - Yahoo! Finance
or what should I be looking for? Is it as simple as just trying to buy at a low price and avoid buying at a higher price?
The lump sum will be used for income, along with selling equity funds, by re balancing once or twice a year.
Right now, it's sitting in the prime money market making about 4.67%.
Thoughts? Suggestions?
Thanks in advance,
EddieG