Telly
Thinks s/he gets paid by the post
- Joined
- Feb 22, 2003
- Messages
- 2,419
I'm a couple percent at most above my planned equity percentage. I feel like maybe I should trim it a bit while the market is up (does that make me a dirty market timer?) and put it into... what? This is in an IRA, and won't be tapped for at least 10 years, maybe even 12 - 13 years.
The classic approach would be to trim it and put it into Bonds. Bonds don't exactly thrill me right now. And I don't think I'm going to increase my REIT Index allocation now, either.
I keep coming back to bonds, but it seems to me that a short-term bond fund would be just a capital preservation move at best. It would seem that an intermediate term bond fund would have a better appreciation potential vs. short term bond fund, except the interest rate increase boogy man throws a wrench into that.
So I'm doing nothing, but am not comfortable with that either. As I use cash and cash-like after-tax funds to live on, the equity percentage will increase anyway as I nibble away at the cash slice of the pie. So sooner or later, I'll need to rebalance.
I'm stuck. Suggestions?
The classic approach would be to trim it and put it into Bonds. Bonds don't exactly thrill me right now. And I don't think I'm going to increase my REIT Index allocation now, either.
I keep coming back to bonds, but it seems to me that a short-term bond fund would be just a capital preservation move at best. It would seem that an intermediate term bond fund would have a better appreciation potential vs. short term bond fund, except the interest rate increase boogy man throws a wrench into that.
So I'm doing nothing, but am not comfortable with that either. As I use cash and cash-like after-tax funds to live on, the equity percentage will increase anyway as I nibble away at the cash slice of the pie. So sooner or later, I'll need to rebalance.
I'm stuck. Suggestions?