No, you should not do that.I realize this is hindsight but the money market is an investment option for me and has been better than the vanguard total bond index. Should I just move my bond allocation into the money market and call it good? Bonds represent about 13% of my portfolio.
The yield curve is inverted, higher rates, etc. But those are temporary conditions.
If the funds are in an IRA, you could try this. Take $100 from the bond fund and buy a money mkt fund. Reinvest the dividend. Watch the balance of each fund as the yield curve corrects and interest rates drop. How long will that take? I do not know.
Statistics: Posted by Target2019 — Tue Jul 16, 2024 5:36 am — Replies 13 — Views 1292