flintnational
Thinks s/he gets paid by the post
Yesterday I sold a significant amount of stock at Vanguard. I am parking the money for 1 - 12 months for the possible purchase of a second home. Currently the money is sitting in VBIRX, Vanguard Short Term Bond Index, 30 day yield .43%.
Is there a better, higher yielding, option available at Vanguard? It should be a low risk fund suitable for parking funds that will be used in the near future. Since it may only be there for a few months, I really don't want to go outside the Vanguard platform*. Any suggestions?
Thanks,
FN
*Edit to add, the sale was inside IRAs. This was done to avoid the tax hit until/if we decide to purchase.
Is there a better, higher yielding, option available at Vanguard? It should be a low risk fund suitable for parking funds that will be used in the near future. Since it may only be there for a few months, I really don't want to go outside the Vanguard platform*. Any suggestions?
Thanks,
FN
*Edit to add, the sale was inside IRAs. This was done to avoid the tax hit until/if we decide to purchase.
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