So what's the most effective strategy during this period of volatility with the rate cut? Most of my portfolio is in (20% Index funds, 20% CD's 30% Bonds/T-bills and other assets) I want to explore different strategies to benefit from a potential bubble
This is the thought of a person who is handling their portfolio themselves. I will advice you to consider a financial advisory to help you make smarter portfolio decisions. My IRA and cash accounts are far more than what I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my FA
Sure you can! Gabriel Alberto William is the financial advisor I work with. Just make a research with the name. You’d find necessary details to work with
Like the emergency fund, if you are close to, or in, retirement ... you need to have 2-3 years of cash in this type of MM fund. This is essential to protect against "sequence of return risk" which is to say protect against the markets going down when using retirement money to live on (or for emergency expenditures). With such an approach, you will not have to withdraw from investments while the market is down, assuring that your investments will fully participate in the recovery swing back.
So what's the most effective strategy during this period of volatility with the rate cut? Most of my portfolio is in (20% Index funds, 20% CD's 30% Bonds/T-bills and other assets) I want to explore different strategies to benefit from a potential bubble
This is the thought of a person who is handling their portfolio themselves. I will advice you to consider a financial advisory to help you make smarter portfolio decisions. My IRA and cash accounts are far more than what I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my FA
Mind if I look up your adviser please?
Sure you can! Gabriel Alberto William is the financial advisor I work with. Just make a research with the name. You’d find necessary details to work with
Thanks for the recommendation. I quickly make a researched online with his full name and i easily spotted his website, very impressive
VUSXX is paying 4.34% and dividends are tax-exempt for most states.
Vanguard VMRXX is still over 4%. Was a full point higher not too long ago.
Like the emergency fund, if you are close to, or in, retirement ... you need to have 2-3 years of cash in this type of MM fund. This is essential to protect against "sequence of return risk" which is to say protect against the markets going down when using retirement money to live on (or for emergency expenditures). With such an approach, you will not have to withdraw from investments while the market is down, assuring that your investments will fully participate in the recovery swing back.
I saw VMFXX 7 day yield is still 4.26% today. Hanging in there.
There are CD, TBill and bond ETFs that have 5% to 7% dividend.