Quote:
Originally Posted by Gigi3000
Should i move all funds to Vanguard Federal MM? I have it currently in VTSAX and VTTVX. I'm not the best at reading my returns but neither have paid a dividend or a very small one this year. Its an IRA. Ive been to a financial advisor but these interest rates have gone up in the last few months so i question whether i should do their recommendations at this time. I would have about 1 million in the MM if i make this change, i know that is over that SPIA limit.
|
It sounds like you want to move out of stocks and into a 100 percent bond portfolio. If so, I would suggest that you spread the money into several Vanguard funds, such as:
Federal Money Market fund (30 percent)
Short Term Bond Index fund (30 percent)
Total Bond Market Index fund (25 percent)
High Yield Corporate Bond fund (15 percent)
Stay away from any long term bond funds, where the average bond duration is more than about 8 years. Just a suggestion.