Cheesehead
Recycles dryer sheets
We are conservative investors, don't trust the market, two years from retirement at 57 & 61. We made only 4% in 2014. Our AA is 37% Stocks, 31% short term Bond funds (of which 10% is High Yield so could be considered stocks) and 32% Cash. All are index funds in Fidelity & Vanguard. Using The 4% Rule the Nest Egg would represent about one third of our annual income in retirement so we're not interested in risking it.
Does anyone knowledgeable here have a good reason not to dollar cost average into Vanguard Wellsley and for my wife's 403B Fidelity Asset Manager 40? I realize the market is at a high and the bonds may be longer duration than my short term funds, but are there any pitfalls I don't know? We do not enjoy financial matters yet don't want to pay a fee to a planner. So instead of continuing my do-it-yourself AA we'd like to forget it and use these two funds.
I've learned a lot on this and other boards but I don't enjoy learning any more and would rather use these two funds.
Thank you
Does anyone knowledgeable here have a good reason not to dollar cost average into Vanguard Wellsley and for my wife's 403B Fidelity Asset Manager 40? I realize the market is at a high and the bonds may be longer duration than my short term funds, but are there any pitfalls I don't know? We do not enjoy financial matters yet don't want to pay a fee to a planner. So instead of continuing my do-it-yourself AA we'd like to forget it and use these two funds.
I've learned a lot on this and other boards but I don't enjoy learning any more and would rather use these two funds.
Thank you
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