Youngblood
Recycles dryer sheets
Has anyone on this site that uses Vanguard put their funds into money market fund VMRXX or anything similar to it to minimize risk in a volatile market? Also, would transferring my funds to this fund at the age of 44 cause any tax issues?
I have never tried to time the market before and I normally just ride out the waves with the good and the bad. With that said, I would like to explore the possibilities of protecting all or some of my portfolio for the short term (3-4 months). I have a Roth IRA (13.5% of portfolio), 401K (84.5% of portfolio) and taxable (2%) funds in Vanguard. So if I decided to do this (still a big if), would it make more sense to just use my taxable account, or in theory just move all my funds to a money market or something even more safe in vanguard?
I understand the impact on missing out on any growth as a risk, but are there any other risks that I should consider?
I have never tried to time the market before and I normally just ride out the waves with the good and the bad. With that said, I would like to explore the possibilities of protecting all or some of my portfolio for the short term (3-4 months). I have a Roth IRA (13.5% of portfolio), 401K (84.5% of portfolio) and taxable (2%) funds in Vanguard. So if I decided to do this (still a big if), would it make more sense to just use my taxable account, or in theory just move all my funds to a money market or something even more safe in vanguard?
I understand the impact on missing out on any growth as a risk, but are there any other risks that I should consider?