Lawrence of Suburbia
Recycles dryer sheets
The title makes the query.
I know about Vanguard's Tax-Managed Balanced Fund (50% big stocks/50% muni bonds, approximately); but it seems most balanced funds are lopsided one way or t'other. I wish Wellington Management had a fund like that somewhere; yes I know, I could have half Wellesley/half Wellington, but that seems inelegant somehow.
I'm looking for a quality, highly diversified 50/50 balanced fund with (hopefully) a phat yield to be my core holding in retirement. I'm lazy; I don't want to even think about rebalancing!
I know about Vanguard's Tax-Managed Balanced Fund (50% big stocks/50% muni bonds, approximately); but it seems most balanced funds are lopsided one way or t'other. I wish Wellington Management had a fund like that somewhere; yes I know, I could have half Wellesley/half Wellington, but that seems inelegant somehow.
I'm looking for a quality, highly diversified 50/50 balanced fund with (hopefully) a phat yield to be my core holding in retirement. I'm lazy; I don't want to even think about rebalancing!