free4now
Thinks s/he gets paid by the post
- Joined
- Dec 28, 2005
- Messages
- 1,228
I've heard a lot of folks on this board talking about having 5 years in cash, but I have yet to hear anyone talk about having 5 years in bonds. Which surprises me since most experts on asset allocation advise putting the bulk of your non-equity holdings in bonds, not cash.
So all you folks who said you have 5 years in cash, do you really mean cash (e.g. CDs, saving account, money market) or do you mean bonds (duration longer than a few months)?
So all you folks who said you have 5 years in cash, do you really mean cash (e.g. CDs, saving account, money market) or do you mean bonds (duration longer than a few months)?