FiveDriver
Full time employment: Posting here.
I'm looking to increase the Bond portion of my Asset Allocation in 2024. I think that Interest Rates will start to drop in Q2 or thereabouts.
I currently own TLT (Long Duration ETF) and some FXNAX. I have been using Fido's Money Markets as part of my Bond Allocation, but I think the 5% yields in MM will soon start to drop off.
If Interest Rates do start to fall, a longer duration ETF might increase their NAV more rapidly, is that correct ??
Should I just add to my TLT ??
Or would any of the low expense ratio Vanguard ETF's provide a better boost ? BIV is their Intermediate Term. How about something like LQD ??
Would like to start a Dollar Cost Average program.
I currently own TLT (Long Duration ETF) and some FXNAX. I have been using Fido's Money Markets as part of my Bond Allocation, but I think the 5% yields in MM will soon start to drop off.
If Interest Rates do start to fall, a longer duration ETF might increase their NAV more rapidly, is that correct ??
Should I just add to my TLT ??
Or would any of the low expense ratio Vanguard ETF's provide a better boost ? BIV is their Intermediate Term. How about something like LQD ??
Would like to start a Dollar Cost Average program.