Culture
Recycles dryer sheets
- Joined
- Apr 15, 2007
- Messages
- 491
I just sold a commercial property worth about 30% of my total assets. Prior to this sale, I had only 10% of my non-real estate investments as cash, with the logic that my commercial property made of the balance of my cash position (I am not saying this made sense, just this is what I did).
Anyway, with the sale I want to move 40% of my portfolio to cash. Currently, I have the sale proceeds in a MM fund. The questions is, where to put it? Short term, intermediate term or long term bonds? Inflation protected securities? Commercial or government? The little cash I had before was split equally between MM, short term and int. term bonds (all vanguard indexes).
Ignoring the question as to whether I should or should not have a 40% cash position (just assume I should), were would you put the new cash, and why? I have the flexibility to put this is tax sheltered or non-tax sheltered accounts (obviously, if I place it in tax-sheltered accounts this means more of my equity investments will be in non-tax sheltered accounts, as it is a zero sum game. Currently, I am thinking of putting it all in VFITX (Vngrd Int Term Gvmt Bonds).
Anyway, with the sale I want to move 40% of my portfolio to cash. Currently, I have the sale proceeds in a MM fund. The questions is, where to put it? Short term, intermediate term or long term bonds? Inflation protected securities? Commercial or government? The little cash I had before was split equally between MM, short term and int. term bonds (all vanguard indexes).
Ignoring the question as to whether I should or should not have a 40% cash position (just assume I should), were would you put the new cash, and why? I have the flexibility to put this is tax sheltered or non-tax sheltered accounts (obviously, if I place it in tax-sheltered accounts this means more of my equity investments will be in non-tax sheltered accounts, as it is a zero sum game. Currently, I am thinking of putting it all in VFITX (Vngrd Int Term Gvmt Bonds).