I have about 30% of my portfolio in the Wellesley Admiral fund. This is my intended 3-8 year bucket of money. It of course has languished this past year but I still believe it is a good holding for this intended bucket.
However, in the short term, I was considering taking 50% or more of this holding and buying 6 month T-Bills and then going back into Wellesley. It’s in my IRA so no tax hit on the sale. Thoughts?
If it helps, I’m retiring in 3 weeks and have about 3 years of living expenses in cash bucket, which is in MM and 3-6 month T-Bills.
However, in the short term, I was considering taking 50% or more of this holding and buying 6 month T-Bills and then going back into Wellesley. It’s in my IRA so no tax hit on the sale. Thoughts?
If it helps, I’m retiring in 3 weeks and have about 3 years of living expenses in cash bucket, which is in MM and 3-6 month T-Bills.